{"id":3413,"date":"2023-10-01T06:30:50","date_gmt":"2023-10-01T06:30:50","guid":{"rendered":"https:\/\/jammubulletin.com\/site\/?p=3413"},"modified":"2023-10-01T06:30:50","modified_gmt":"2023-10-01T06:30:50","slug":"atf-price-increased-by-5-percent-commercial-lpg-by-rs-209","status":"publish","type":"post","link":"https:\/\/jammubulletin.com\/site\/atf-price-increased-by-5-percent-commercial-lpg-by-rs-209\/","title":{"rendered":"ATF price increased by 5 percent, commercial LPG by Rs 209"},"content":{"rendered":"

NEW DELHI, Oct 1: On\u00a0<\/span><\/span>Sunday,\u00a0<\/span><\/span>the\u00a0<\/span>price\u00a0<\/span><\/span>of\u00a0<\/span><\/span>jet\u00a0<\/span>fuel,\u00a0<\/span><\/span>or\u00a0<\/span><\/span>ATF,\u00a0<\/span><\/span>was\u00a0<\/span>increased\u00a0<\/span><\/span>by\u00a0<\/span><\/span>5%,\u00a0<\/span><\/span>marking\u00a0<\/span><\/span>the\u00a0<\/span>fourth\u00a0<\/span><\/span>consecutive\u00a0<\/span><\/span>monthly\u00a0<\/span><\/span>increase\u00a0<\/span><\/span>since\u00a0<\/span><\/span>July.\u00a0<\/span><\/span>In\u00a0<\/span>addition,\u00a0<\/span><\/span>the\u00a0<\/span>cost\u00a0<\/span><\/span>of\u00a0<\/span>commercial\u00a0<\/span><\/span>cooking\u00a0<\/span>gas,\u00a0<\/span><\/span>or\u00a0<\/span><\/span>LPG<\/a>,\u00a0<\/span><\/span>was\u00a0<\/span><\/span>sharply\u00a0<\/span>increased\u00a0<\/span><\/span>by\u00a0<\/span><\/span>Rs\u00a0<\/span>209\u00a0<\/span><\/span>per\u00a0<\/span><\/span>19-kg\u00a0<\/span><\/span>cylinder<\/a>,\u00a0<\/span><\/span>in\u00a0<\/span>keeping\u00a0<\/span><\/span>with\u00a0<\/span>the\u00a0<\/span><\/span>firming\u00a0<\/span><\/span>up\u00a0<\/span><\/span>of\u00a0<\/span>international\u00a0<\/span><\/span>benchmarks.<\/span><\/span><\/span> <\/span><\/span><\/span>However,\u00a0<\/span><\/span>the\u00a0<\/span>cost\u00a0<\/span><\/span>of\u00a0<\/span><\/span>residential\u00a0<\/span><\/span>LPG,\u00a0<\/span><\/span>which\u00a0<\/span><\/span>is\u00a0<\/span>used\u00a0<\/span><\/span>to\u00a0<\/span>cook\u00a0<\/span><\/span>in\u00a0<\/span><\/span>domestic\u00a0<\/span><\/span>kitchens,\u00a0<\/span><\/span>remained\u00a0<\/span><\/span>constant\u00a0<\/span><\/span>at\u00a0<\/span><\/span>Rs\u00a0<\/span><\/span>903\u00a0<\/span><\/span>per\u00a0<\/span><\/span>14.2-kg\u00a0<\/span><\/span>cylinder.<\/span><\/span><\/span> <\/span><\/span><\/span>According\u00a0<\/span><\/span>to\u00a0<\/span><\/span>a\u00a0<\/span><\/span>price\u00a0<\/span><\/span>statement\u00a0<\/span><\/span>from\u00a0<\/span><\/span>state-owned\u00a0<\/span><\/span>fuel\u00a0<\/span><\/span>dealers,\u00a0<\/span><\/span>the\u00a0<\/span><\/span>price\u00a0<\/span><\/span>of\u00a0<\/span><\/span>aviation\u00a0<\/span><\/span>turbine\u00a0<\/span><\/span>fuel\u00a0<\/span><\/span>(ATF)\u00a0<\/span><\/span>increased\u00a0<\/span><\/span>by\u00a0<\/span><\/span>Rs\u00a0<\/span><\/span>5,779.84\u00a0<\/span><\/span>per\u00a0<\/span><\/span>kilolitre,\u00a0<\/span><\/span>or\u00a0<\/span><\/span>5.1%,\u00a0<\/span><\/span>in\u00a0<\/span><\/span>the\u00a0<\/span><\/span>national\u00a0<\/span><\/span>capital\u00a0<\/span><\/span>to\u00a0<\/span><\/span>Rs\u00a0<\/span><\/span>118,199.17\u00a0<\/span><\/span>per\u00a0<\/span><\/span>kl\u00a0<\/span><\/span>from\u00a0<\/span><\/span>Rs\u00a0<\/span><\/span>112,419.33.<\/span><\/span><\/span><\/span><\/span><\/span>The\u00a0<\/span>hike\u00a0<\/span><\/span>follows\u00a0<\/span><\/span>the\u00a0<\/span>largest\u00a0<\/span>increase\u00a0<\/span><\/span>ever\u00a0<\/span><\/span>of\u00a0<\/span><\/span>14.1%\u00a0<\/span><\/span>(Rs\u00a0<\/span><\/span>13,911.07\u00a0<\/span><\/span>per\u00a0<\/span><\/span>kilo)\u00a0<\/span><\/span>on\u00a0<\/span><\/span>September\u00a0<\/span>1\u00a0<\/span><\/span>and\u00a0<\/span><\/span>an\u00a0<\/span>increase\u00a0<\/span><\/span>of\u00a0<\/span><\/span>8.5%\u00a0<\/span><\/span>(Rs\u00a0<\/span><\/span>7,728.07\u00a0<\/span><\/span>per\u00a0<\/span><\/span>kilo)\u00a0<\/span><\/span>on\u00a0<\/span><\/span>August\u00a0<\/span>1.<\/span><\/span><\/span> <\/span><\/span><\/span>The\u00a0<\/span>burden\u00a0<\/span><\/span>on\u00a0<\/span><\/span>already\u00a0<\/span>struggling\u00a0<\/span><\/span>airlines\u00a0<\/span><\/span>will\u00a0<\/span>grow\u00a0<\/span><\/span>as\u00a0<\/span><\/span>a\u00a0<\/span>result\u00a0<\/span><\/span>of\u00a0<\/span>the\u00a0<\/span><\/span>fourth\u00a0<\/span><\/span>consecutive\u00a0<\/span><\/span>increase\u00a0<\/span>in\u00a0<\/span><\/span>jet\u00a0<\/span>fuel\u00a0<\/span>prices,\u00a0<\/span><\/span>which\u00a0<\/span>account\u00a0<\/span><\/span>for\u00a0<\/span><\/span>40%\u00a0<\/span><\/span>of\u00a0<\/span>an\u00a0<\/span><\/span>airline’s\u00a0<\/span><\/span>operating\u00a0<\/span>expenses.<\/span><\/span><\/span> <\/span><\/span><\/span>ATF\u00a0<\/span><\/span>price\u00a0<\/span><\/span>increased\u00a0<\/span>by\u00a0<\/span><\/span>1.65%\u00a0<\/span><\/span>or\u00a0<\/span><\/span>Rs\u00a0<\/span><\/span>1,476.79\u00a0<\/span><\/span>per\u00a0<\/span><\/span>litre\u00a0<\/span><\/span>on\u00a0<\/span><\/span>July\u00a0<\/span>1.<\/span><\/span><\/span> <\/span><\/span><\/span>ATF\u00a0<\/span>prices\u00a0<\/span><\/span>have\u00a0<\/span>increased\u00a0<\/span><\/span>by\u00a0<\/span><\/span>a\u00a0<\/span>record\u00a0<\/span><\/span>Rs\u00a0<\/span><\/span>29,391.08\u00a0<\/span><\/span>per\u00a0<\/span><\/span>kiloliter\u00a0<\/span><\/span>in\u00a0<\/span><\/span>just\u00a0<\/span>four\u00a0<\/span><\/span>rises.<\/span><\/span><\/span><\/span><\/span><\/span>In\u00a0<\/span>addition,\u00a0<\/span><\/span>oil\u00a0<\/span>companies\u00a0<\/span><\/span>increased\u00a0<\/span><\/span>the\u00a0<\/span>cost\u00a0<\/span><\/span>of\u00a0<\/span>commercial\u00a0<\/span><\/span>LPG,\u00a0<\/span><\/span>which\u00a0<\/span><\/span>is\u00a0<\/span>used\u00a0<\/span><\/span>in\u00a0<\/span><\/span>places\u00a0<\/span><\/span>like\u00a0<\/span><\/span>hotels\u00a0<\/span>and\u00a0<\/span>restaurants,\u00a0<\/span><\/span>by\u00a0<\/span><\/span>Rs\u00a0<\/span><\/span>209.<\/span><\/span><\/span> <\/span><\/span><\/span>In\u00a0<\/span><\/span>the\u00a0<\/span>national\u00a0<\/span><\/span>capital\u00a0<\/span><\/span>and\u00a0<\/span><\/span>Mumbai,\u00a0<\/span><\/span>a\u00a0<\/span><\/span>19-kg\u00a0<\/span><\/span>commercial\u00a0<\/span><\/span>LPG\u00a0<\/span>cylinder\u00a0<\/span><\/span>will\u00a0<\/span>now\u00a0<\/span>set\u00a0<\/span><\/span>you\u00a0<\/span><\/span>back\u00a0<\/span><\/span>Rs\u00a0<\/span><\/span>1,731.50\u00a0<\/span><\/span>and\u00a0<\/span><\/span>Rs\u00a0<\/span><\/span>1,684,\u00a0<\/span><\/span>respectively.<\/span><\/span><\/span> <\/span><\/span><\/span>The\u00a0<\/span>hike\u00a0<\/span><\/span>partially\u00a0<\/span>offsets\u00a0<\/span><\/span>the\u00a0<\/span>price\u00a0<\/span><\/span>reductions\u00a0<\/span><\/span>of\u00a0<\/span><\/span>Rs.\u00a0<\/span>100\u00a0<\/span><\/span>from\u00a0<\/span><\/span>August\u00a0<\/span>1\u00a0<\/span><\/span>and\u00a0<\/span><\/span>Rs.\u00a0<\/span><\/span>157.5\u00a0<\/span><\/span>per\u00a0<\/span><\/span>cylinder\u00a0<\/span><\/span>for\u00a0<\/span>commercial\u00a0<\/span><\/span>LPG\u00a0<\/span><\/span>that\u00a0<\/span><\/span>were\u00a0<\/span>implemented\u00a0<\/span><\/span>on\u00a0<\/span><\/span>September\u00a0<\/span>1.<\/span><\/span><\/span> <\/span><\/span><\/span>The\u00a0<\/span>benchmark\u00a0<\/span><\/span>for\u00a0<\/span><\/span>LPG\u00a0<\/span><\/span>pricing,\u00a0<\/span><\/span>the\u00a0<\/span>Saudi\u00a0<\/span><\/span>contract\u00a0<\/span>price\u00a0<\/span><\/span>(CP),\u00a0<\/span><\/span>has\u00a0<\/span>climbed\u00a0<\/span><\/span>as\u00a0<\/span><\/span>a\u00a0<\/span>result\u00a0<\/span><\/span>of\u00a0<\/span>the\u00a0<\/span><\/span>recent\u00a0<\/span><\/span>firming\u00a0<\/span><\/span>trend\u00a0<\/span><\/span>in\u00a0<\/span><\/span>crude\u00a0<\/span>oil\u00a0<\/span>prices\u00a0<\/span><\/span>brought\u00a0<\/span><\/span>on\u00a0<\/span>by\u00a0<\/span><\/span>supply\u00a0<\/span>concerns.<\/span><\/span><\/span><\/span><\/span><\/span>Oil\u00a0<\/span>firms\u00a0<\/span><\/span>did\u00a0<\/span>not\u00a0<\/span>alter\u00a0<\/span><\/span>the\u00a0<\/span>price\u00a0<\/span><\/span>of\u00a0<\/span><\/span>14.2-kg\u00a0<\/span><\/span>cylinders\u00a0<\/span><\/span>after\u00a0<\/span><\/span>cutting\u00a0<\/span><\/span>residential\u00a0<\/span><\/span>LPG\u00a0<\/span><\/span>rates\u00a0<\/span><\/span>on\u00a0<\/span><\/span>August\u00a0<\/span>30\u00a0<\/span><\/span>by\u00a0<\/span><\/span>Rs\u00a0<\/span>200\u00a0<\/span><\/span>per\u00a0<\/span><\/span>14.2-kg\u00a0<\/span><\/span>cylinder.<\/span><\/span><\/span> <\/span><\/span><\/span>The\u00a0<\/span>prices\u00a0<\/span><\/span>of\u00a0<\/span><\/span>cooking\u00a0<\/span>gas\u00a0<\/span><\/span>and\u00a0<\/span><\/span>ATF\u00a0<\/span><\/span>are\u00a0<\/span>revised\u00a0<\/span><\/span>by\u00a0<\/span>the\u00a0<\/span><\/span>state-owned\u00a0<\/span><\/span>Indian\u00a0<\/span>Oil\u00a0<\/span>Corporation\u00a0<\/span><\/span>(IOC),\u00a0<\/span><\/span>Bharat\u00a0<\/span>Petroleum\u00a0<\/span>Corporation\u00a0<\/span><\/span>Ltd\u00a0<\/span><\/span>(BPCL),\u00a0<\/span><\/span>and\u00a0<\/span><\/span>Hindustan\u00a0<\/span>Petroleum\u00a0<\/span><\/span>Corporation\u00a0<\/span><\/span>Ltd\u00a0<\/span><\/span>(HPCL)\u00a0<\/span><\/span>on\u00a0<\/span><\/span>the\u00a0<\/span>first\u00a0<\/span><\/span>of\u00a0<\/span><\/span>every\u00a0<\/span>month\u00a0<\/span><\/span>based\u00a0<\/span>on\u00a0<\/span><\/span>the\u00a0<\/span>monthly\u00a0<\/span>average\u00a0<\/span><\/span>international\u00a0<\/span><\/span>price.<\/span><\/span><\/span> <\/span><\/span><\/span>For\u00a0<\/span><\/span>an\u00a0<\/span>unprecedented\u00a0<\/span><\/span>18th\u00a0<\/span><\/span>consecutive\u00a0<\/span><\/span>month,\u00a0<\/span><\/span>the\u00a0<\/span>price\u00a0<\/span><\/span>of\u00a0<\/span><\/span>petrol\u00a0<\/span>and\u00a0<\/span>diesel\u00a0<\/span><\/span>remained\u00a0<\/span><\/span>frozen.<\/span><\/span><\/span> <\/span><\/span><\/span>In\u00a0<\/span><\/span>the\u00a0<\/span>nation’s\u00a0<\/span><\/span>capital,\u00a0<\/span><\/span>a\u00a0<\/span>litre\u00a0<\/span><\/span>of\u00a0<\/span><\/span>petrol\u00a0<\/span>costs\u00a0<\/span><\/span>Rs\u00a0<\/span><\/span>96.72\u00a0<\/span><\/span>and\u00a0<\/span><\/span>a\u00a0<\/span><\/span>litre\u00a0<\/span><\/span>of\u00a0<\/span><\/span>diesel\u00a0<\/span>costs\u00a0<\/span><\/span>Rs\u00a0<\/span><\/span>89.62.<\/span><\/span><\/span><\/span><\/span><\/span>Since\u00a0<\/span><\/span>April\u00a0<\/span>6,\u00a0<\/span>2022,\u00a0<\/span><\/span>state-owned\u00a0<\/span><\/span>gasoline\u00a0<\/span><\/span>retailers\u00a0<\/span><\/span>have\u00a0<\/span>not\u00a0<\/span>updated\u00a0<\/span><\/span>their\u00a0<\/span>daily\u00a0<\/span><\/span>petrol\u00a0<\/span>and\u00a0<\/span>diesel\u00a0<\/span><\/span>prices,\u00a0<\/span><\/span>which\u00a0<\/span><\/span>are\u00a0<\/span>based\u00a0<\/span><\/span>on\u00a0<\/span><\/span>a\u00a0<\/span><\/span>15-day\u00a0<\/span><\/span>rolling\u00a0<\/span><\/span>average\u00a0<\/span><\/span>of\u00a0<\/span><\/span>benchmark\u00a0<\/span><\/span>international\u00a0<\/span><\/span>fuel\u00a0<\/span>prices.<\/span><\/span><\/span> <\/span><\/span><\/span>The\u00a0<\/span>last\u00a0<\/span>time\u00a0<\/span><\/span>prices\u00a0<\/span><\/span>changed\u00a0<\/span><\/span>was\u00a0<\/span><\/span>on\u00a0<\/span><\/span>May\u00a0<\/span>22,\u00a0<\/span><\/span>when\u00a0<\/span><\/span>the\u00a0<\/span>government\u00a0<\/span><\/span>reduced\u00a0<\/span><\/span>excise\u00a0<\/span>duty\u00a0<\/span><\/span>to\u00a0<\/span>provide\u00a0<\/span><\/span>customers\u00a0<\/span><\/span>with\u00a0<\/span><\/span>relief\u00a0<\/span><\/span>from\u00a0<\/span><\/span>a\u00a0<\/span>jump\u00a0<\/span><\/span>in\u00a0<\/span><\/span>retail\u00a0<\/span>prices\u00a0<\/span><\/span>that\u00a0<\/span><\/span>accompanied\u00a0<\/span><\/span>a\u00a0<\/span>rise\u00a0<\/span><\/span>in\u00a0<\/span><\/span>global\u00a0<\/span>oil\u00a0<\/span>prices.<\/span><\/span><\/span> <\/span><\/span><\/span>(Agencies)<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n

\"ATF
ATF price increased by 5 percent, commercial LPG by Rs 209<\/figcaption><\/figure>\n

 <\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

NEW DELHI, Oct 1: On\u00a0Sunday,\u00a0the\u00a0price\u00a0of\u00a0jet\u00a0fuel,\u00a0or\u00a0ATF,\u00a0was\u00a0increased\u00a0by\u00a05%,\u00a0marking\u00a0the\u00a0fourth\u00a0consecutive\u00a0monthly\u00a0increase\u00a0since\u00a0July.\u00a0In\u00a0addition,\u00a0the\u00a0cost\u00a0of\u00a0commercial\u00a0cooking\u00a0gas,\u00a0or\u00a0LPG,\u00a0was\u00a0sharply\u00a0increased\u00a0by\u00a0Rs\u00a0209\u00a0per\u00a019-kg\u00a0cylinder,\u00a0in\u00a0keeping\u00a0with\u00a0the\u00a0firming\u00a0up\u00a0of\u00a0international\u00a0benchmarks. However,\u00a0the\u00a0cost\u00a0of\u00a0residential\u00a0LPG,\u00a0which\u00a0is\u00a0used\u00a0to\u00a0cook\u00a0in\u00a0domestic\u00a0kitchens,\u00a0remained\u00a0constant\u00a0at\u00a0Rs\u00a0903\u00a0per\u00a014.2-kg\u00a0cylinder. According\u00a0to\u00a0a\u00a0price\u00a0statement\u00a0from\u00a0state-owned\u00a0fuel\u00a0dealers,\u00a0the\u00a0price\u00a0of\u00a0aviation\u00a0turbine\u00a0fuel\u00a0(ATF)\u00a0increased\u00a0by\u00a0Rs\u00a05,779.84\u00a0per\u00a0kilolitre,\u00a0or\u00a05.1%,\u00a0in\u00a0the\u00a0national\u00a0capital\u00a0to\u00a0Rs\u00a0118,199.17\u00a0per\u00a0kl\u00a0from\u00a0Rs\u00a0112,419.33.The\u00a0hike\u00a0follows\u00a0the\u00a0largest\u00a0increase\u00a0ever\u00a0of\u00a014.1%\u00a0(Rs\u00a013,911.07\u00a0per\u00a0kilo)\u00a0on\u00a0September\u00a01\u00a0and\u00a0an\u00a0increase\u00a0of\u00a08.5%\u00a0(Rs\u00a07,728.07\u00a0per\u00a0kilo)\u00a0on\u00a0August\u00a01. The\u00a0burden\u00a0on\u00a0already\u00a0struggling\u00a0airlines\u00a0will\u00a0grow\u00a0as\u00a0a\u00a0result\u00a0of\u00a0the\u00a0fourth\u00a0consecutive\u00a0increase\u00a0in\u00a0jet\u00a0fuel\u00a0prices,\u00a0which\u00a0account\u00a0for\u00a040%\u00a0of\u00a0an\u00a0airline’s\u00a0operating\u00a0expenses. ATF\u00a0price\u00a0increased\u00a0by\u00a01.65%\u00a0or\u00a0Rs\u00a01,476.79\u00a0per\u00a0litre\u00a0on\u00a0July\u00a01. ATF\u00a0prices\u00a0have\u00a0increased\u00a0by\u00a0a\u00a0record\u00a0Rs\u00a029,391.08\u00a0per\u00a0kiloliter\u00a0in\u00a0just\u00a0four\u00a0rises.In\u00a0addition,\u00a0oil\u00a0companies\u00a0increased\u00a0the\u00a0cost\u00a0of\u00a0commercial\u00a0LPG,\u00a0which\u00a0is\u00a0used\u00a0in\u00a0places\u00a0like\u00a0hotels\u00a0and\u00a0restaurants,\u00a0by\u00a0Rs\u00a0209. In\u00a0the\u00a0national\u00a0capital\u00a0and\u00a0Mumbai,\u00a0a\u00a019-kg\u00a0commercial\u00a0LPG\u00a0cylinder\u00a0will\u00a0now\u00a0set\u00a0you\u00a0back\u00a0Rs\u00a01,731.50\u00a0and\u00a0Rs\u00a01,684,\u00a0respectively. 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In\u00a0the\u00a0nation’s\u00a0capital,\u00a0a\u00a0litre\u00a0of\u00a0petrol\u00a0costs\u00a0Rs\u00a096.72\u00a0and\u00a0a\u00a0litre\u00a0of\u00a0diesel\u00a0costs\u00a0Rs\u00a089.62.Since\u00a0April\u00a06,\u00a02022,\u00a0state-owned\u00a0gasoline\u00a0retailers\u00a0have\u00a0not\u00a0updated\u00a0their\u00a0daily\u00a0petrol\u00a0and\u00a0diesel\u00a0prices,\u00a0which\u00a0are\u00a0based\u00a0on\u00a0a\u00a015-day\u00a0rolling\u00a0average\u00a0of\u00a0benchmark\u00a0international\u00a0fuel\u00a0prices. The\u00a0last\u00a0time\u00a0prices\u00a0changed\u00a0was\u00a0on\u00a0May\u00a022,\u00a0when\u00a0the\u00a0government\u00a0reduced\u00a0excise\u00a0duty\u00a0to\u00a0provide\u00a0customers\u00a0with\u00a0relief\u00a0from\u00a0a\u00a0jump\u00a0in\u00a0retail\u00a0prices\u00a0that\u00a0accompanied\u00a0a\u00a0rise\u00a0in\u00a0global\u00a0oil\u00a0prices. 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