Health

Bangladesh regulator lowers LPG prices by 4%

In an order issued on Monday, BERC mounted the value of LPG per kg, together with VAT, at Tk 98.17, a lower of Tk 4.15 per kg, or 4%. The value was Tk 102.32 per kg in December.

Accordingly, the value of a 12 kg cylinder got here all the way down to Tk 1,178 from Tk 1,228. Consumers, due to this fact, can save Tk 50 per cylinder. 

The new value will take impact from 6 pm on Monday, the fee stated. 

LPG value was lower in December, after 5 months of consecutive value hikes.

This is the second time the value has dropped, following a lower within the value of propane and butane set by Saudi CP.

According to the announcement, the prices of propane and butane in January are mounted at $740 and $210 respectively, and the value of the propane and butane combination is mounted at $720.50.

The change charge for the US greenback has been calculated at Tk 85.85.

According to the lowered value, the LPG value chart shall be as follows:

Cylinder

Retail value

5.5 kg

Tk 540

12 kg

Tk 1,178

15 kg

Tk 1,473

16 kg

Tk 1,571

18 kg

Tk 1,767

20 kg

Tk 1,963

22 kg

Tk 2,160

25 kg

Tk 2,454

30 kg

Tk 2,945

33 kg

Tk 3,240

35 kg

Tk 3,436

45 kg

Tk 4,418

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While the value of reticulated LPG stands at Tk 94.94 in January, the value of Autogas, or LPG utilized in autos, has been mounted at Tk 54.94 per litre.

LPG value is mounted each month primarily based on Saudi CP, VAT and the change charge of the US greenback, BERC Chairman Abdul Jalil stated in a digital press briefing.

For authorities LPG, the value will stay unchanged as these elements don’t depend, he stated.

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