LPG price rises to Rs294/kg as open market hits Rs630
Ogra has set the official November LPG rate at Rs294 per kg, but open-market sellers are charging up to Rs630 as distributors cite Iran border shortages.
Ogra set November LPG at Rs294,075 per tonne, or Rs294 per kg officially.
An 11.8 kg domestic cylinder now costs Rs3,470 officially, Rs173 higher than last month.
Open-market LPG is selling for up to Rs630 per kg; franchises charge up to Rs400.
Distributors say about 70% of LPG came from Iran and cite border closure shortages.
LPG marketers threaten a shutdown from 16 November over a draft policy they say excludes the private sector.