The price of a 12kg LPG cylinder has declined by Tk 19 to Tk 1431 from the existing price of Tk1,450 for the month of May.
The new price came into effect from 6 pm on Sunday (May 4).
As per the announcement of the Bangladesh Energy Regulatory Commission (BERC), the price of per kg LP gas has been lowered to Tk 119.24 for the month of May from Tk120.81 in April.
The prices for other sizes of LPG cylinders—ranging from 5.5 kg to 45 kg—will also go down accordingly, the BERC added.
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It also said the price of “auto gas” (LPG used for motor vehicles) has been lowered to Tk 65.57 from Tk 66.41, including VAT, per litre.
But, the price of LPG marketed by the state-owned LP Gas Company will also remain unchanged, as it is locally produced and holds a market share of less than 5 percent.
LPG witnessed the highest price at Tk 1,498 (per 12 kg cylinder) in the local market in February in 2023.