OMCs face a cumulative ₹89 per-cylinder LPG price increase

Generic user silhouette icon Anupama VM - 0 min read

Last Updated: 13th October 2026 - 06:10 pm

The government raised domestic cooking-gas prices in two increases of ₹60 per cylinder on March 7 and ₹29 per cylinder on June 7. The government said the hikes came as fuel retailers faced pressure from elevated global energy prices.

Key Takeaways

  • Emkay Research estimated that LPG under-recoveries fell to about ₹290 per cylinder from ₹510 per cylinder.
  • Emkay Research estimated monthly LPG under-recoveries at ₹490 in July, ₹180 in August and ₹200 in September.
  • Saudi contract prices declined 19% quarter on quarter, according to Emkay Research.

Emkay Research attributed the estimated decline in LPG under-recoveries to lower Saudi contract prices, reduced spot premiums and the full effect of domestic cylinder price increases.

The research house estimated monthly under-recoveries of ₹490 per cylinder in July, ₹180 in August and ₹200 in September.

Emkay Research linked the quarter-on-quarter movement in Saudi contract prices to a 19% decline.

The government’s March and June increases comprised ₹60 per cylinder on March 7 and ₹29 per cylinder on June 7, taking the cumulative rise in domestic cooking-gas prices to ₹89 per cylinder.

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