The increase in rates of non-subsidised LPG and ATF accompanies the hike of Rs 1.69 a litre in petrol and 50 paisa a litre in diesel announced on Monday.

The price of non-subsidised LPG, which customers buy after using up their quota of 12 subsidised cylinders, was raised by Rs 16.50 per 14.2-kg cylinder, the first hike in six months.

Each non-subsidised 14.2-kg cooking gas cylinder will now cost Rs 922.50 in Delhi, up from Rs 906, according to Indian Oil Corp (IOC), the nation's largest oil firm.

Non-subsidised LPG rates were last month cut by Rs 23.50 per cylinder.

A subsidised LPG cylinder in Delhi costs Rs 414.

Tuesday's hike breaks the declining trend that started in February with a cut of Rs 107 in rates to Rs 1,134 per cylinder.

It was followed by a reduction of Rs 53.5 per cylinder in March to Rs 1,080.50, by Rs 100 to Rs 980.50 in April, by Rs 52 in May and by Rs 23.50 cut last month.

IOC said losses on LPG have risen to Rs 449 per subsidised cylinder from Rs 432.71 in the previous month. The loss was Rs 762.50 in January.

Separately, the price of jet fuel or aviation turbine fuel (ATF), at Delhi was increased by Rs 413.78 per kilolitre or 0.6 percent to Rs 70,161.76 per kilolitre.

The increase follows three straight monthly reductions, the last one of Rs 1,285.89 per kilolitre or 1.81 percent, which came into effect on June 1.

In Mumbai, jet fuel costs Rs 72,411.21 per kilolitre as against Rs 71,940.36 per kilolitre previously, IOC said. The rates vary because of differences in local sales tax or VAT.

Jet fuel constitutes over 40 percent of an airline's operating costs and the price hike will increase the financial burden of cash-strapped carriers.

No immediate comments were available from airlines on the impact of the price increase on passenger fares.

The three fuel retailers IOC, Hindustan Petroleum Corp and Bharat Petroleum Corp -- revise jet fuel and non-subsidised LPG prices on the first of every month, based on the average international prices in the preceding month.


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