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Businesses suffer as commercial LPG cylinder price touches Rs 2,450
The price of commercial LPG cylinders was raised by over Rs 100 at the start of this month, the latest escalation in fuel prices that have drained food businesses. Fast food centres across the city are feeling the heat.
The price of a 19kg commercial cylinder now costs around Rs 2,450 in Kolkata. Based on purchase volume and timely payment, bulk procurers often get some discount from suppliers.
Rajesh Chaurasia, who owns Iceberg, a popular fast-food centre in south Kolkata’s Golpark, needs one cylinder every day. He uses 17kg cylinders, which cost around Rs 1,800 each after the latest hike. His sales volume is around Rs 8,000 to 10,000 on a normal day.
For Chaurasia, a hike of Rs 100 translates to an additional burden of Rs 3,000 per month. The amount would not have hurt him so much if it were an isolated jump.
“From oil to vegetables to meat to packaging, the cost of everything has gone up. The margins are going down every day. It is becoming harder every day. I am able to survive because I don’t have to pay rent for my establishment,” said Chaurasia.
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