Bangladesh cuts 12kg LPG cylinder price by Tk 29 for October

The new LPG rates will be effective from 6pm

The price of liquefied petroleum gas (LPG) has decreased by Tk 2.47 per unit for October, taking advantage of the global market cost adjustment.

As a result, the price of the most commonly used 12kg cylinder has dropped by Tk 29 to Tk 1,241. The price was set at Tk 1,270 in September.

The Bangladesh Energy Regulatory Commission (BERC) announced the new LPG rates, effective from 6pm, for October on Tuesday.

The price per kg of LPG in October will be Tk 103.40, down from Tk 105.87 in the previous month.

BERC's statement shows that the average price of propane and butane, as declared by Saudi Arabia's state-owned company Aramco for October, is $482 per tonne, which was $500 per tonne in September.

According to the new rates, the price of reticulated LPG is Tk 99.65 per kg, down from Tk 102.12 in the previous month.

The price of autogas for October will be Tk 56.77 per litre, a decrease from Tk 58.15 per litre in September.