ATF price cut by 6.3 percent, commercial LPG price increased by Rs 48.5 per cylinder
New Delhi. The price of aviation fuel or ATF fell to its lowest level this year after being cut by 6.3 per cent. At the same time, the price of commercial LPG (19 kg) used in hotels and restaurants has been increased by Rs 48.5 per cylinder. This increase in price has been done on monthly basis in line with the trend of international oil prices. Aviation turbine fuel (ATF) prices in the national capital fell by Rs 5,883 per kilolitre, or 6.29 per cent, to Rs 87,597.22 per kilolitre, according to state-run fuel retailers. This is the lowest price of aircraft fuel this year.
This second consecutive reduction will help in reducing the burden on aviation companies, whose operating cost of fuel accounts for about 40 percent. Earlier on September 1, prices were cut by Rs 4,495.5 per kiloliter or 4.58 percent. The price of ATF was reduced to Rs 81,866.13 per kiloliter from Rs 87,432.78 per kiloliter in Mumbai on Tuesday. Prices vary from state to state depending on local taxes.
With this, oil companies have increased the price of commercial LPG by Rs 48.5 to Rs 1,740 per 19 kg cylinder. Prices were increased monthly for the third consecutive time. Earlier, the prices were increased by Rs 6.5 per cylinder on August 1 and by Rs 39 per cylinder on September 1. The price of commercial LPG cylinder (19 kg) is now Rs 1,692.50 in Mumbai, Rs 1,850.50 in Kolkata and Rs 1,903 in Chennai.
However, the price of LPG cylinder for domestic use remains the same at Rs 803 per 14.2 kg. Public sector Indian Oil Corporation (IOC), Bharat Petroleum Corporation Limited (BPCL) and Hindustan Petroleum Corporation Limited (HPCL) fix ATF and LPG prices on the 1st of every month based on the average price of benchmark international fuel and foreign exchange rates. Make amendments in. The prices of petrol and diesel remain stable. Prices were cut by Rs 2 per liter in mid-March. Petrol price in Delhi is Rs 94.72 per liter while diesel price is Rs 87.62 per liter.
