12kg LPG cylinder price rises Tk 252 to Tk 1,837 for October

The Bangladesh Energy Regulatory Commission (BERC) has raised the retail price of liquefied petroleum gas (LPG) for October, with the price of the most widely used 12kg cylinder increasing by Tk 252 to Tk 1,837.

The new prices will take effect from 6pm on Sunday and remain in force until further notice, according to a BERC media statement.

The retail price of private LPG, including VAT, has been set at Tk 153.06 per kg for October, up Tk 20.94 from Tk 132.12 in September.

Under the latest adjustment, the price of a 5.5kg cylinder has been set at Tk 842, while 12.5kg, 15kg and 16kg cylinders will cost Tk 1,913, Tk 2,296 and Tk 2,449 respectively.

The price of an 18kg cylinder has been set at Tk 2,755, 20kg at Tk 3,061, 22kg at Tk 3,367, 25kg at Tk 3,827 and 30kg at Tk 4,592.

The price of a 33kg cylinder has been fixed at Tk 5,051, 35kg at Tk 5,357 and 45kg at Tk 6,888.

The price of autogas used in vehicles has also increased significantly. The BERC has raised the price by Tk 11.53 per litre to Tk 84.62 from Tk 73.09.

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For privately supplied LPG delivered in liquid form through reticulated systems, the price including VAT has been set at Tk 149.31 per kg, up from Tk 128.37 in September.

For LPG supplied in gaseous form through the same system, the price has been set at Tk 0.3319 per litre, or Tk 331.90 per cubic metre.

The BERC said the latest adjustment was made based on Saudi Aramco's Saudi Contract Price (Saudi CP) for propane and butane for October.

The October Saudi CP for propane has been set at $680 per tonne and butane at $730. Taking a propane-butane ratio of 35:65, The BERC calculated the average Saudi CP at $712.50 per tonne.

In September, the Saudi CP for propane was $625 per tonne and butane $660. The average Saudi CP that month was $647.75 per tonne.

The average Saudi CP therefore increased by $64.75 per tonne in one month.

For the October price adjustment, BERC considered $250 per tonne for freight and the importers' premium, compared with $160 in September.