Commercial LPG prices surge in Chennai, raising concerns for food businesses


Daijiworld Media Network - Chennai

Chennai, Apr 1: Commercial LPG cylinder prices have seen a significant hike in Chennai from April 1, sparking worries among traders and restaurant owners about a potential rise in food costs across the city.

Oil marketing companies revised the price of a 19-kg commercial LPG cylinder upward by Rs 203, taking it from Rs 2,043.50 to Rs 2,246.50. This increase comes amid monthly price adjustments linked to global crude oil fluctuations and the Indian rupee’s exchange rate against the US dollar.

Industry observers note that supply disruptions caused by ongoing geopolitical tensions in West Asia have also contributed to tightening LPG availability globally, further impacting prices.

The hike has hit hotels, restaurants, roadside eateries, and tea stalls hardest, many of which are already struggling with rising input costs and thin profit margins. Several business owners indicated that menu price revisions may now be unavoidable. “Costs are going up every month. We have no option but to increase prices if this continues,” said a local restaurant owner.

While households remain insulated—the price of domestic LPG cylinders has not changed—the indirect impact of rising commercial LPG rates is expected to ripple through food services, potentially affecting consumer bills in the near future.

With Chennai’s eateries forming a critical part of daily life, experts warn that the latest fuel cost spike could translate into broader price pressures for food across the city.

  

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Title: Commercial LPG prices surge in Chennai, raising concerns for food businesses



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