Domestic LPG Non-Subsidised Price in Mumbai

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Mumbai

Domestic LPG
Non-Subsidised
November 20, 2018
912.00
(Rs./14.2Kg cylinder)
   61.00 on Nov 01, 2018
Subsidised Price: 503.11

MUMBAI
Domestic LPG
Non-Subsidised Price Trend

DATE
PRICE
CHANGE
Nov 01, 2018
   912.00
  61.00
Oct 01, 2018
   851.00
  56.00
Sep 01, 2018
   795.00
  30.50
Aug 01, 2018
   764.50
  36.00
Jul 01, 2018
   728.50
  57.00
(Rs./14.2Kg cylinder)

Chart of Current Domestic LPG Non-Subsidised Prices in Mumbai

Source: Indane, Indian Oil Corporation

Prices of other Petroleum Products in Mumbai

    ProductPriceEffective Date
Petrol (IOC)81.90Nov 20, 2018
Petrol (HPCL)81.99Nov 20, 2018
Diesel (IOC)74.66Nov 20, 2018
Diesel (HPCL)74.75Nov 20, 2018
Auto LPG52.47Oct 01, 2018
Subsidised Domestic LPG (14.2kg)503.11Nov 01, 2018
Commercial LPG (19kg)1,558.00Nov 01, 2018

Mumbai Domestic LPG Non-Subsidised Prices

Domestic LPG Non-Subsidised price in Mumbai today, i.e. on November 20, 2018 is 912.00 Rs./14.2Kg cylinder

. This represents an increase in the price of Domestic LPG Non-Subsidised by 61.00 Rs./14.2Kg cylinder effective from Nov 01, 2018.

In the 52 week period, the price of Domestic LPG Non-Subsidised in Mumbai (Maharashtra) touched a high of 912.00 Rs./14.2Kg cylinder on Nov 20, 2018 and recorded a low of 623.00 Rs./14.2Kg cylinder on May 01, 2018.

Meanwhile, in Mumbai the Domestic LPG Subsidised price is 503.11 Rs./14.2 Kg cylinder and Commercial LPG price is 1,558.00 Rs./19 Kg cylinder as on Nov 20, 2018.

Domestic LPG Non-Subsidised Price Comparision

Today Week
ago
Month
ago
1 Year
ago
5 Years
ago
10 Years
ago
912.00
20 Nov 2018
912.00
13 Nov 2018
851.00
20 Oct 2018
718.50
20 Nov 2017
N/A
N/A
Rs./14.2Kg cylinder

How are LPG Prices determined in India?

The Current Retail Selling Price of Domestic LPG cylinder is determined by the Oil Marketing Companies (OMCs). The OMCs pay Refinery Gate Price (RPG) based on the Import Parity Price (IPP) for purchase of LPG. Import Parity Price is calculated on the basis of prevailing LPG prices in the International market.

In addition to the Refinery Gate Price, the Oil Marketing Companies also add Storage & Distribution Cost, Bottling Charges, Cylinder Cost ,Inland Freight, Delivery Charges, Distributor Commission and other Uncompensated Costs to arrive at the Retail Selling Price of Domestic LPG cylinder.

Domestic LPG cylinders is painted with Signal Red colour and contain 14.2kg of LPG, whereas commercial LPG cylinders are painted with Oxford Blue colour and contain 19kg of LPG. LPG sold for domestic purpose is subsidized by the Government. The Commercial LPG is sold to trade and commercial establishments at unsubsidized or market determined prices decided by the OMCs.


Chart of Historical Domestic LPG Non-Subsidised Prices in Mumbai

Historical Graph

  • I thank the 1 crore families for giving up LPG subsidy for the poor. It's not a small thing.

  • ~ Narendra Modi


Historical LPG Price Trend of India

In the 1970s Government of India introduced regulatory controls on production, imports, distribution and pricing of crude oil and petroleum products in India. This led to implementation of Administered Price Mechanism (APM) in the oil sector. Under APM , the Government of India was fixing (Artificial price fixing) the prices of Petroleum products. Hence the price rise or reduction was based on political decision of the present government and not on sound economic decision.

Government announced the dismantling of the Administered Pricing Mechanism (APM) effective April 01, 2002. But in order to insulate the Domestic LPG prices from the impact of unprecedented high international oil prices, the Government decided to provide subsidy on sale of domestic LPG at specified flat rates under the Budget. This resulted in huge subsidy / under-recovery burden arising out of selling petroleum products at a price below the prevailing international prices to the Govt of India through budgetary support, Public Sector Upstream Oil companies namely, Oil and Natural Gas Corporation (ONGC), Oil India Limited (OIL) and GAIL (India) Limited (GAIL) by way of price discount on Crude oil and products and Public Sector Oil Marketing Companies, by absorbing a part of the under recovery.

Government of India launched Direct Benefit Transfer for LPG consumer (DBTL) scheme namely, ‘PAHAL’ on 1 Jan 2015. LPG consumers, who join the PAHAL scheme, will get the LPG cylinders at non-subsidized price and receive LPG subsidy (as per their entitlement) directly into their bank accounts. After introduction of DBTL, the state aim of Govt is that there will be no under-recovery burden on National Oil Companies (both upstream and downstream) and entire burden of subsidy on sale of Subsidized Domestic LPG will be borne by the Government.


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Domestic LPG Non-Subsidised
Prices in Metros

New Delhi 939.00
Mumbai 912.00
Chennai 958.00
Kolkata 969.50

(Rs./14.2Kg cylinder)
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Domestic LPG Non-Subsidised
Historical Price

Select Date

Domestic LPG Non-Subsidised
(Rs./14.2Kg cylinder)

DATE PRICE   CHANGE
Nov 01, 2018   912.00      61.00
Oct 01, 2018   851.00      56.00
Sep 01, 2018   795.00      30.50
Aug 01, 2018   764.50      36.00
Jul 01, 2018   728.50      57.00
Jun 01, 2018   671.50      48.50
May 01, 2018   623.00        2.00
Apr 01, 2018   625.00      36.00
Mar 01, 2018   661.00      47.00
Feb 01, 2018   708.00        5.00
Jan 01, 2018   713.00        6.00
Dec 01, 2017   719.00        0.50
Nov 01, 2017   718.50      93.50
Oct 01, 2017   625.00      49.00
Sep 01, 2017   576.00      73.50
Aug 01, 2017   502.50      40.50
Jul 11, 2017   543.00      10.50
Jul 01, 2017   553.50        0.50
Jun 01, 2017   554.00      81.00
May 01, 2017   635.00      94.50
Apr 01, 2017   729.50      15.00
Mar 01, 2017   744.50      88.50
Feb 01, 2017   656.00      68.00
Jan 01, 2017   588.00        1.00
Dec 01, 2016   587.00      56.00
Nov 01, 2016   531.00      39.00
Oct 28, 2016   492.00        2.00
Oct 01, 2016   490.00      22.00
Sep 01, 2016   468.00      21.00