LPG price hike: Rates Hit Record Rs600 per Kg Amid Shortage
The LPG price hike has pushed open-market rates to Rs600 per kg in hilly areas and Rs500 in Punjab and Khyber Pakhtunkhwa, as supplies from Iran fell to negligible levels.
Open-market LPG has reached up to Rs600 per kg in hilly areas and Rs500 per kg in Punjab and Khyber Pakhtunkhwa.
Ogra's official rate for October is Rs279 per kg, and the official price of a domestic cylinder is Rs3,350.
Domestic cylinders have reached Rs7,200 in hilly areas and Rs6,000 in Punjab and Khyber Pakhtunkhwa.
Supplies from Iran are at negligible levels after trading points were suddenly closed, and winter demand is rising.
The LPG Distributors Association chairman warned that prices could rise further in the coming days.