By Admin 
LPG Rate Today on June 25: Today, LPG prices remain stable across the country. The price of 14.2 kg domestic LPG was increased by Rs 29 on June 7, due to which its price in Delhi increased to Rs 942. At the same time, the prices of commercial LPG were last increased by Rs 42 on June 1, since then there has been no change in the prices.
City wise LPG prices
| City | domestic cylinder price | commercial cylinder price |
| Delhi | Rs 942.0 | Rs 3113.5 |
| Mumbai | Rs 941.5 | Rs 3067.5 |
| Kolkata | Rs 968.0 | Rs 3256.0 |
| Chennai | Rs 957.5 | Rs 3283.0 |
| Bengaluru | Rs 944.5 | Rs 3198.0 |
| Amritsar | Rs 983.0 | Rs 3220.0 |
| Noida | Rs 939.50 | Rs 3113.50 |
| Ghaziabad | Rs 939.50 | Rs 3113.50 |
| Patna | Rs 1031.5 | Rs 3400.5 |
Why did gas cylinder prices increase?
India imports more than 60% of its LPG requirement from other countries. In such a situation, movements in the global markets have a direct and immediate impact on the prices of petrol and diesel in the country. The import cost of LPG in India is determined by the global benchmark ‘Saudi Aramco Contract Price’.
Due to the ongoing crisis in West Asia, this global benchmark has increased by about 46% since February. On top of that, due to the blockade of the Strait of Hormuz, the supply chain has also been badly affected. This is the reason why the import of gas in India decreased to only 6.96 lakh tonnes in the month of April, which is usually around Rs 20 lakh per tonne per month.
By when can prices decrease?
Despite the decline in international crude oil prices, there will be no immediate fall in LPG prices. This may take at least 3-6 months.
According to the current international prices, the actual cost of a cylinder is around Rs 1600, but the price of a domestic gas cylinder in Delhi is Rs 942. That means the oil companies themselves are bearing the difference in prices.
Due to this difference, oil companies are expected to suffer a total loss of up to Rs 60,000 crore in the current financial year. Unless the level of this loss reduces and the Saudi contract price (Saudi CP) also comes down, the companies will not be in a position to reduce the prices.
Also read:
Petrol-Diesel Rate: Today’s petrol-diesel rate has arrived, at some places the price has crossed Rs 115 and at some places it has crossed Rs 113.