MUMBAI: While the price of a 14.2kg domestic LPG cylinder in Mumbai remained unchanged for the second time in a row, that of a 19kg commercial LPG cylinder was hiked by Rs 101 in the city on Wednesday.
This has hit the hotel industry “badly” as it is already trying to overcome losses incurred during the pandemic and now this is the second hike for commercial LPG cylinders in a month. The last hike was on November 1 when the price increased by Rs 266 and it retailed at Rs 1,950 per cylinder. On Wednesday, the price rose further to Rs 2,051 per cylinder, sources said.
Hoteliers representing AHAR said after the lockdown was lifted, they have just been able to keep their heads above the water, but spiralling input costs were making things difficult. The hike in the rate of commercial LPG cylinder was back-breaking as the costs have gone up by Rs 600-700 per cylinder in a span of 3-4 months, they said.
