LPG Price Update March 1, 2025: Commercial Cylinder Prices Increased, Check Latest Rates in Major Cities

KKN Gurugram Desk | As of March 1, 2025, the latest LPG (Liquefied Petroleum Gas) prices have been announced. Consumers who received minor relief on Budget Day will now have to pay more for 19 kg commercial LPG cylinders. Prices have increased across major cities, including Delhi, Kolkata, Mumbai, and Chennai.

LPG Price Hike for March 2025

According to the latest data from Indian Oil Corporation (IOC), the price of a 19 kg commercial LPG cylinder has gone up by ₹6 in major metropolitan cities. Despite this hike, the increase is the lowest in the last five years for the month of March. Historical data shows that the highest price jump occurred in March 2023, when rates surged by ₹352 in a single revision.

Commercial LPG Price Changes Across Cities

The latest price revision for 19 kg LPG cylinders shows an increase across key locations. Here’s how the prices compare:

• Delhi: ₹1803 (Earlier ₹1797 in February 2025)
• Kolkata: ₹1913 (Earlier ₹1907 in February 2025)
• Mumbai: ₹1755.50 (Earlier ₹1749.50 in February 2025)
• Chennai: ₹1965.50 (Earlier ₹1959.50 in February 2025)

LPG Price Trend Over the Years

A look at historical price trends for commercial LPG cylinders in Delhi shows how prices have fluctuated over the last few years.

Note: In February 2021, LPG prices changed four times within a month.

Relief During Budget Was Temporary

On Budget Day, commercial LPG prices were reduced by ₹7 per cylinder, offering minor relief to businesses and hotels that rely on bulk LPG consumption. However, this price cut has now been reversed, and rates have increased once again in March.

On the other hand, domestic LPG prices for 14 kg cylinders remain unchanged. The last revision in domestic LPG prices was made on August 1, 2024.

Current Prices of Domestic LPG Cylinders

As of March 1, 2025, the 14 kg domestic LPG cylinder is still being sold at the same price as August 2024. Here’s a look at current domestic LPG prices in different cities:

• Delhi: ₹803
• Lucknow: ₹840.50
• Kolkata: ₹829
• Mumbai: ₹802.50
• Chennai: ₹818.50

Why LPG Prices Fluctuate?

LPG prices in India are revised monthly and depend on multiple factors, including:

1. International crude oil prices – The global oil market impacts LPG rates directly.
2. Currency exchange rates – The value of the Indian Rupee against the US Dollar plays a role.
3. Government subsidies and taxes – Changes in government policies can lead to price fluctuations.
4. Demand and supply conditions – Seasonal demand impacts the price of both domestic and commercial LPG cylinders.

Impact of LPG Price Hike

• Hotels and restaurants: Increased LPG prices raise operational costs, leading to higher food prices.
• Small businesses: Higher expenses for commercial LPG users, affecting overall profit margins.
• Households: While domestic LPG prices remain stable for now, any future increase can impact household budgets

The March 2025 LPG price revision has affected commercial users the most, with a ₹6 increase in 19 kg cylinder prices. While domestic 14 kg cylinder rates remain unchanged, it remains to be seen if future revisions will bring further changes.

For regular updates on LPG prices, fuel rates, and economic policies, stay tuned to KKNLive.com.