Price of 12kg LPG cylinder hiked by Tk 57 to Tk 1,235

The Bangladesh Energy Regulatory Commission today fixed the price of a 12kg LPG cylinder at Tk 1,235 from May -- a Tk 57 hike from last month.

In April, the price was Tk 1,178.

The new price will be effective from today, according to a BERC notice.

With the revised price, per kg of LPG is now Tk 99.68.

Autogas, the LPG used in cars, will be Tk 57.52 per litre, which was earlier Tk 54.9 per litre in April.

BERC sets the price of private companies' bottled LPG in line with Saudi Arabia's Aramco's contract prices of propane and butane, the main ingredients of the LPG.

This month, propane and butane prices increased slightly, and so there was a hike in the LPG price, according to a press release of BERC.