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from BUSINESS LINE, December 02, 2008 New Delhi, Dec. 1 - Private and public players in the non-domestic liquefied petroleum gas (LPG) business have passed on the benefit of reduction in international product prices to customers.
The price of commercial LPG that is sold in 19-kg cylinder has been reduced in the range of Rs 240-270 and is expected to go down further in January.
"The prices are expected to go down further in January as the LPG prices for December in the global market has gone done by another $150 a tonne and is ruling close to $340 a tonne," Mr S.K. Hazar, President, Indian LP Gas Industry Association told Business Line.