Prices of LP gas shoot up due to short supply
Wednesday, 26 September 2007
Our Correspondent
BRAHMANBARIA, Sept 25: The price of liquefied petroleum gas (LPG) cylinders have increased by 25 per cent to 30 per cent within a month in the local markets, sources said.
Traders blamed the shortage of supply and increase of transportation cost for the unabated price hike.
At present, Basundhara LPG is being sold at TK 900 per 12.5-kilogram cylinder, Klinhit at TK 930 and Jamuna at TK 890 which were sold at TK 750, TK 780 and TK 765 respectively in the last month.
Local people said legal action must be taken against unscrupulous traders for violating their respective company prices.
LPG traders of the town claimed that supply of gas cylinders were less than 50 per cent of the market demand and they had to collect the cylinders from different sources at exorbitant prices.
Conscious people further said if strict measures are not taken immediately, the price of per cylinder would exceed TK 1000 before the holy Eid festival.
Meanwhile, National Life Insurance Company Limited (NLICL) held the officers' conference of the company on the premises of Brahmanbaria area office recently.
NLICL Senior Executive Vice President Md Azizul Islam was present on the occasion as the chief guest, while Comilla-4 Area Officer Md Kazim Uddin was present as the special guest.
Officers of Brahmanbaria, Nabinagar, Hobiganj and Kasba model zones were also present at the programme.
Local NLICL officers M Shariful Islam, Ashit Chandra Bhattacharjee and Md Sahabuddin spoke on the occasion.
BRAHMANBARIA, Sept 25: The price of liquefied petroleum gas (LPG) cylinders have increased by 25 per cent to 30 per cent within a month in the local markets, sources said.
Traders blamed the shortage of supply and increase of transportation cost for the unabated price hike.
At present, Basundhara LPG is being sold at TK 900 per 12.5-kilogram cylinder, Klinhit at TK 930 and Jamuna at TK 890 which were sold at TK 750, TK 780 and TK 765 respectively in the last month.
Local people said legal action must be taken against unscrupulous traders for violating their respective company prices.
LPG traders of the town claimed that supply of gas cylinders were less than 50 per cent of the market demand and they had to collect the cylinders from different sources at exorbitant prices.
Conscious people further said if strict measures are not taken immediately, the price of per cylinder would exceed TK 1000 before the holy Eid festival.
Meanwhile, National Life Insurance Company Limited (NLICL) held the officers' conference of the company on the premises of Brahmanbaria area office recently.
NLICL Senior Executive Vice President Md Azizul Islam was present on the occasion as the chief guest, while Comilla-4 Area Officer Md Kazim Uddin was present as the special guest.
Officers of Brahmanbaria, Nabinagar, Hobiganj and Kasba model zones were also present at the programme.
Local NLICL officers M Shariful Islam, Ashit Chandra Bhattacharjee and Md Sahabuddin spoke on the occasion.