Price of liquefied petroleum gas (LPG) has increased by Tk 0.31 per kg to Tk 113.86 from the previous price of Tk 113.55 for the month of July.
Bangladesh Energy Regulatory Commission (BERC) announced the new price, saying that a 12kg LPG cylinder's price has been raised by Tk 3 grossly.
A retail consumer will get it now at Tk 1366 instead of Tk 1363 (including VAT).
Prices of other sizes of LPG cylinders - from 5.5kg to 45kg - will go up accordingly, the BERC said at a press briefing on Tuesday at the BERC office in Dhaka.
The new prices will be effective from 6pm Tuesday (July 2, 2024).
BERC officials said the LPG price witnessed a little increase in the local market due to an increase in the USD rate.
Bangladeshi LPG operators normally import their products from the Middle-East market on the basis of Saudi CP.
As per the BERC decision, the price of “auto gas” (LPG used for motor vehicles) also increased to Tk 62.70 per litre (including VAT) from the previous 62.53 per litre, up by Tk 0.17 per litre.
The price of LPG, marketed by state-owned LP Gas Company, will remain the same as it is locally produced with a market share of less than 5 per cent.
LPG witnessed the highest price at Tk 1,498 (per 12kg cylinder) in the local market in February last year.
