The price of a 19-kg commercial LPG cylinder in New Delhi increased by ₹993 on May 1, 2024 [1, 2].
This sharp increase directly impacts the operating costs for eateries and small businesses that rely on commercial gas for daily operations. The spike reflects the volatility of global energy markets and the vulnerability of local prices to international geopolitical instability.
Following the hike, the new cost for a 19-kg cylinder in the capital is ₹3,071.50 [2, 3]. This is a significant increase from the previous price of ₹2,078.50 [3]. While some reports list the new rate as ₹3,071 [4], the higher figure is supported by multiple news reports.
The price adjustment is attributed to rising global energy costs linked to tensions in West Asia, specifically conflicts involving Iran [5, 6]. These regional instabilities often disrupt energy supply chains, and drive up the cost of liquefied petroleum gas on the global market.
This is the third price increase for commercial cylinders in 2024. Earlier this year, prices rose by ₹114.50 on March 1, 2024, and by ₹195.50 on April 1, 2024 [7].
Despite the surge in commercial rates, there has been no change in the prices of domestic cylinders [1]. The price hike was also reported in other major urban centers, including Mumbai, and Bengaluru [2].
“The price of a 19-kg commercial LPG cylinder in New Delhi increased by ₹993.”
The recurring price hikes for commercial LPG—totaling over ₹1,300 since March 2024—indicate a sustained upward pressure on energy costs. Because domestic rates remain unchanged, the government is shielding households while passing the volatility of the West Asia conflict directly to commercial enterprises. This may lead to increased food and service prices for consumers as businesses attempt to offset their rising overhead.
