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LPG Cylinder Prices Cut Steeply In May: Check Latest Rate Here
Fuel retailers have slashed the price of a 14.2 kg non-subsidised LPG (liquified petroleum gas) cylinder for the third month in a row and the latest rates that come into effect from May 1 can be checked below for metros:
| Metro Cities | Latest prices with effect from May 1, 2020 | Earlier Price |
|---|---|---|
| New Delhi | Rs. 581.5 | Rs. 744 |
| Mumbai | Rs. 579 | Rs. 776.5 |
| Kolkata | Rs. 584.5 | Rs. 839.5 |
| Chennai | Rs. 569.5 | Rs. 826 |
The move will benefit as many as 1.5 crore consumers who do not get subsidy amid the nationwide lockdown when demand for LPG has increased.
Fuel retailers revise LPG cylinder prices on a month on month basis. Primarily, the domestic LPG price is dependent on the international benchmark rate of LPG and the rupee-US dollar exchange rate.
Meanwhile, petrol and diesel rates have remain unchanged since March 15, 2020 even though crude prices have slashed sharply.
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