LPG: Price of 12kg cylinder rises by Tk 45

The price of LPG rises from Tk 118.44 per kg in September to Tk 121.32 in October

The price of liquefied petroleum gas has risen by nearly Tk 3 per kg in October in Bangladesh in line with rising prices on the international market.

The Bangladesh Energy Regulatory Commission announced the new prices of LPG in October on Wednesday. They will take effect from 6pm.

The BERC statement says that the set price of LPG has increased from Tk 118.44 per kg in September to Tk 121.32 in October. This means the price per kg has risen by Tk 2.88.

The price of a 12 kg LPG cylinder, commonly used for home cooking, has gone up by Tk 45 from Tk 1,421 to Tk 1,456. The prices of other cylinders have also increased according to the new price.

The price of reticulated LPG for residential use has risen from Tk 114.62 per kg to Tk 117.49.

The price of autogas, sold at retail to fuel vehicles, has gone up from Tk 65.25 per litre last month to Tk 66.84 this month.

The BERC statement says that in September, Saudi Aramco announced that the price of propane and butane – the raw materials for LPG – were set at $598.50 per tonne. The price rose to $625.75 in October.