New Delhi | January 2, 2026
The New Year has begun with a major inflationary jolt for consumers, as the government raised commercial LPG cylinder prices sharply, even while reducing the cost of piped natural gas (PNG) used for cooking. The increase marks the largest hike in commercial LPG prices in the last 28 months, last seen in October 2023.
The price surge applies only to commercial LPG cylinders, while domestic LPG prices remain unchanged across the country.
Commercial LPG Prices Rise Sharply
According to data from Indian Oil Corporation Limited (IOCL), commercial LPG cylinder prices have increased by ₹110–₹111 across major metros. This is the first time since November 2023 that prices have risen by more than ₹100 in a single revision.
Delhi: ₹1,691.50 (up ₹111)
Kolkata: ₹1,795 (up ₹111)
Mumbai: ₹1,642.50 (up ₹111)
Chennai: ₹1,849.50 (up ₹110)
With this hike, commercial LPG prices in Delhi have climbed close to ₹1,700, the highest level since June 2025, while prices in some cities are nearing ₹1,850.
The increase is expected to impact restaurants, hotels, caterers, and small businesses, which rely heavily on commercial LPG cylinders.
No Change in Domestic LPG Prices
In contrast, domestic LPG cylinder prices remain unchanged across all four metro cities:
Delhi: ₹853
Kolkata: ₹879
Mumbai: ₹852.50
Chennai: ₹868.50
The last revision in domestic LPG prices occurred in April 2025, when oil marketing companies raised rates by ₹50. Prior to that, the government had reduced domestic LPG prices by ₹100 in March 2024, ahead of the Lok Sabha elections.
Key Takeaway
While households have been spared for now, the steep rise in commercial LPG prices could add pressure on food inflation and service costs, potentially impacting consumers indirectly in the coming weeks.
