ATF price cut 4.5%, commercial LPG rates down Rs 25.5 per 19-kg cylinder
Jet fuel (ATF) price on Saturday was slashed by 4.5 per cent and that of commercial LPG used in hotels and restaurants by Rs 25.5 per 19-kg cylinder.
The price of a 19-kg commercial LPG cylinder was cut to Rs 1,859.50 in the national capital from Rs 1,885, according to a price notification from state-owned fuel retailers.
This is the sixth reduction in price of commercial LPG since June, in step with softening international energy prices.
In all, rates have come down by Rs 494.50 per 19-kg cylinder.
However, rates of LPG used in household kitchens for cooking purposes remained unchanged at Rs 1,053 per 14.2-kg cylinder.
This because the rates of domestic cooking gas were way lower than cost and now with a drop in international prices, they are at breakeven, industry sources said.
Commercial LPG rates, on the other hand, have largely been aligned with cost and so they have moved in tandem with rise and fall in international prices.
Simultaneously, the rates of aviation turbine fu