LPG demand softens, moving towards normalcy with summer onset; daily cylinder demand now under 50 lakh
Business

LPG demand softens, moving towards normalcy with summer onset; daily cylinder demand now under 50 lakh

Indian Express·2h ago·Neutral

What Happened

Household LPG demand has declined significantly from March panic-booking peaks of 89 lakh cylinders daily to under 50 lakh cylinders currently as summer onset approaches. The seasonal reduction is expected to ease supply pressures created by West Asia conflict disruptions. India imports 60% of LPG needs, heavily dependent on Gulf supplies affected by Strait of Hormuz shipping halts.

Key Entities

LPG (Liquefied Petroleum Gas)IndiaWest Asia warStrait of HormuzPetroleum MinistrySujata SharmaGulf states

AI Tools