With reference to the report, “LPG prices raised by Rs 86, steepest hike in India’s history” (March 2), oil firms have once again revised the rates of aviation turbine fuel (ATF) and cooking gas from March 1, based on global oil prices and the foreign exchange rate in the month before.
While the price of ATF was raised by a marginal Rs 214 per kilolitre to Rs 54,293.38 per kilolitre, the market price for non-subsidised cooking gas cylinder, LPG, shot up from Rs 651.50 to Rs 737.50 for a 14.2 kg cylinder. The hike was termed a reflection of international trends.
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