The government has set a new price for liquefied petroleum gas (LPG) at the consumer level.
For the month of November, the price of a 12kg cylinder has been reduced by Tk1, bringing it to Tk1,455.
The new prices will be effective from 6pm on Tuesday.
Prices of other sizes of LPG cylinders – from 5.5kg to 45kg – will go down accordingly, BERC said at a press briefing on Tuesday at the BERC office in Dhaka.
BERC officials said LPG price remains unchanged in the local market as Bangladeshi LPG operators normally import their products from the Middle-East market on the basis of Saudi CP which was not changed with a big margin.
As per the BERC decision, the price of “auto gas” (LPG used for motor vehicles) also decreased to Tk66.81 per litre (including VAT) from the previous price of Tk66.84.
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%.
LPG witnessed the highest price at Tk1,498 (per 12kg cylinder) in the local market in February last year.