Shocking news on budget day..! Cylinder price suddenly increased..!?

 With the budget tabled today, the price of a cylinder for commercial use has been hiked by Rs 12.50 to Rs 1,937. Consumers were shocked by the early morning hike in LPG prices on february 1. Ahead of Budget Day today, the gas cylinder price hike has shocked people. Accordingly, the price of a cylinder for commercial use in chennai has increased by Rs.12.50. Accordingly, the price of a commercial cylinder in chennai has increased to Rs.1,937 from today.

What is the price of an LPG 19 kg cylinder in four metros?:
Trading cylinder prices in delhi touched Rs 1769.50 after the hike. At the same time, the price of a 19 kg commercial gas cylinder in kolkata has reached Rs.1887.00. The price of a commercial gas cylinder has been increased to Rs.1723.50 in mumbai and Rs.1937 in Chennai.

Home Use Cylinder Price:
At the same time, no change has been made in domestic cylinder prices. As a result, the price of household cylinders continues at Rs.918.50. This has given some relief to housewives.

What is the reason for the rise in gas cylinder prices?
Oil companies fix the cylinder price based on the international market situation and the value of the rupee against the US dollar. Accordingly, the recent war between israel and the Palestinian Liberation Organization (Hamas) has spread to the Middle East, and the price of oil has increased. Therefore, the price of a 19 kg commercial cylinder in chennai has increased by Rs.12.50. Earlier this cylinder was being sold at Rs.1924.50, but now it is being sold at Rs.1937. It is worth noting that the small guru traders will be affected by this.
Earlier on january 1, the 19 kg commercial cylinder price was reduced by Rs 4.50. As a result, the commercial cylinder price which was selling at Rs 1,929 has come down to Rs 1,924.50. Meanwhile, on december 22, the commercial cylinder price was reduced by Rs 39.50. So with the Interim Budget and elections coming up, while the commercial cylinder price was expected to decrease in february as well, the price of the commercial cylinder has gone up again in the opposite direction, which is disappointing.Interim budget presentation at 11 am:
Meanwhile, nirmala sitharaman will present the budget at 11 am today. As the general elections are going to be held this year, this budget will be an interim budget. The full budget will be presented in July after the new government is formed after the elections. As it is an interim budget, no major announcements are expected. However, sources also say that the government may make some important announcements to attract the voters.