Guwahati: Prices of 19-kg commercial LPG cylinders and 5-kg free trade (mini) cylinders were increased by Rs 993 and Rs 261, respectively, on Friday.
Indian Oil Corporation (IOC) confirmed the revision and said these cylinders contribute only about 1% of total LPG consumption across its network.
In Delhi, the revised price of a 19-kg commercial cylinder stands at Rs 3,071.50, while in Mumbai it is Rs 3,024. Small 5-kg cylinders are priced near Rs 339 in Delhi, with similar rates reported in Mumbai.
This increase comes soon after a similar revision last month, when state-run oil companies had already raised prices for both commercial and mini LPG cylinders.
The rise in commercial cylinder prices is expected to hit sectors such as hotels, restaurants, and bakeries that depend heavily on LPG for daily operations. Businesses may pass on part of the additional cost to customers, which could gradually impact food and service pricing.
Meanwhile, aviation turbine fuel (ATF) for domestic airlines remained unchanged on Friday. IOC said oil companies absorbed fluctuations in global crude prices to avoid additional pressure on airlines and passengers.
Fuel prices for petrol, diesel, and domestic LPG cylinders were also kept steady, protecting consumers from volatility in international markets. IOC confirmed there has been no change in retail prices for fuels used by the general public.
ATF rates are typically revised at the beginning of every month based on input costs. While domestic airline fuel prices remain unchanged, international carriers have seen an increase in rates.
IOC added that petrol and diesel prices, covering nearly 90% of total fuel consumption, continue to remain stable. Domestic LPG cylinders used by around 33 crore consumers have also not been revised, and kerosene under the public distribution system has remained unchanged.
Overall, nearly 80% of petroleum products have not seen any price change, ensuring broad stability for consumers.
The company said price adjustments have been restricted mainly to specific industrial categories, which form a small portion of total consumption and are revised periodically in line with global benchmarks.
It also stated that bulk and commercial LPG, which accounts for less than 1% of total usage, has been revised. Prices of bulk diesel and ATF for international aviation operations have also been increased.
About 4% of petroleum products have become cheaper as a result of shifts in global market trends.
Overall, the pricing pattern shows that nearly 80% of products have stayed unchanged, while 4% have seen a decline and around 16%, mostly industrial fuels, have become costlier.
IOC stated that oil marketing companies are adjusting prices in a controlled manner to keep pace with international trends, while ensuring that domestic consumers remain largely protected and overall market stability is maintained.