State-run oil marketing firms (OMCs) have announced a price reduction for 19-kg commercial liquefied petroleum gas (LPG) cylinders starting January 1, 2025. The revised prices provide some assistance to commercial establishments. In Delhi, the price has fallen by Rs 14.50, bringing the new cost to Rs 1,804 from Rs 1,818.50 in December 2024.

Similar reductions have been undertaken in other large metros. In Kolkata, the price is now Rs 1,911, down Rs 16 from Rs 1,927 last month. The price in Mumbai fell by Rs 15, to Rs 1,756 from Rs 1,771. In Chennai, the price has been reduced by Rs 14.50, bringing the new cost to Rs 1,966 from Rs 1,980.50 previously.

The minor downward revision is great news for firms that rely significantly on LPG cylinders, such as restaurants, caterers, and other commercial customers. These reductions are projected to lower operational expenses marginally, while the benefits may vary depending on usage levels.

Over the last three months, commercial LPG cylinder prices have fluctuated little. In November 2024, the price in Delhi was Rs 1,802, which is somewhat lower than the current rate of Rs 1,804. Kolkata and Chennai have also seen small price fluctuations, with prices mainly holding at Rs 1,911 and Rs 1,966, respectively, in recent months. Mumbai, with the lowest price among metros, has continuously kept rates around Rs 1,800, bringing relief to firms working in the financial capital.

ATF Prices were Decreased

Domestic airlines in India gained some relief as Aviation Turbine Fuel (ATF) costs were reduced across the country's four major metros on January 1, 2025. 

In Delhi, the new ATF price is Rs 90,455.47 per kilolitre, down Rs 1,401.37 from the December 2024 rate of Rs 91,856.84. Prices in Kolkata fell by Rs 1,491.84 to Rs 93,059.79, down from Rs 94,551.63 the previous month. Mumbai has the lowest ATF price among the metros, presently at Rs 84,511.93 per kiloliter, down Rs 1,349.09 from Rs 85,861.02 in December. Chennai experienced the greatest fall of Rs 1,560.77, lowering the price to Rs 93,670.72 from Rs 95,231.49 previously.