The Bangladesh Energy Regulatory Commission (BERC) on Thursday reduced the price of Liquefied Petroleum Gas (LPG) for July, lowering the retail price of a 12kg cylinder to Tk 1528 from Tk 1,885.
The new prices will come into effect from 6pm on Thursday, according to BERC.
Under the revised rates, the retail consumer price of privately marketed LPG has been fixed at Tk 127.30 per Kg down from Tk157.06 per Kg in the previous month, representing a reduction of Tk 29.76 per kg.
The prices of other sizes of LPG cylinders will go down accordingly.
BERC also reduced the price of autogas to Tk 70.40 from Tk 86.93 per litre for July.
The commission said prices of state-owned LPG will remain unchanged.