Some relief on the price front, headlines on Wednesday delivering good news as the price of commercial cylinders and jet fuel have been reduced.
After 10 straight increases in jet fuel prices which propelled them to a record high, ATF prices cut by 1.3% to Rs 1,21,476/Kl as per notifications from fuel retailers. Jet fuel prices are revised on the 1st and 16th of every month.
Another relief announcement came in from the OMCs as they announced a reduction of prices of the 19 kg commercial cylinder.From June 1, the 19 kg commercial cylinder will be cheaper by Rs 135 cheaper. The price of a 19 kg commercial cylinder will now be Rs 2,219 as against the earlier price of Rs 2,354 per bottle in Delhi, while in Kolkata it will be priecd at Rs 2,322 instead of Rs 2,454 in Kolkata, Rs 2,171.50 instead of Rs 2,306 in Mumbai and Rs 2,373 instead of Rs 2,507 in Chennai.