LPG prices fall in Pakistan as supplies resume, rates expected to drop further within 48 hours

Liquefied petroleum gas (LPG) prices have started declining in Pakistan following the arrival of two ships at Port Qasim

Liquefied petroleum gas (LPG) prices have started declining in Pakistan following the arrival of two ships at Port Qasim and the resumption of tanker supplies through the Pakistan-Iran border. LPG marketers expect prices in Karachi to fall below Rs500 per kilogram within the next 48 hours as supply conditions improve.

According to LPG market representatives, prices that had previously climbed to around Rs550 per kilogram have now declined to between Rs500 and Rs530 per kilogram in some markets.

The reduction follows the arrival of two LPG-carrying vessels at Port Qasim and the restoration of supplies through tankers entering Pakistan from Iran. The developments have eased some of the pressure on the market, although transportation and supply-chain challenges continue to affect distribution.

Despite the improvement, industry representatives have cautioned that the newly arrived shipments alone may not be sufficient to meet the country’s overall requirements. Even when additional winter demand is taken into account, the quantity of LPG brought to the port is reportedly lower than Pakistan’s average consumption over two days.

The limited volume highlights the importance of maintaining a consistent supply to prevent further price fluctuations, particularly as households increasingly rely on LPG during the winter months.

Senior Vice Chairman of the LPG Marketers Association Ali Haider told that supplies had resumed not only through the arrival of ships but also through the Pakistan-Iran border. However, he said a shortage of vehicles was currently creating difficulties in transporting LPG to markets.

According to Haider, the availability of sufficient transport vehicles is essential to ensure that the improved supply reaches distributors and consumers without unnecessary delays.

He expressed optimism that prices would decline further once the supply chain returned to normal. Based on the current situation, he estimated that the general price of LPG in Karachi could fall to around Rs480 per kilogram within the next 48 hours.

The anticipated reduction would provide some relief to households and commercial consumers who have been facing higher fuel expenses. LPG is widely used for cooking, particularly in areas where natural gas connections are unavailable or gas pressure remains insufficient.

Market conditions during winter can become more challenging as demand increases while transportation and supply constraints affect availability. Industry representatives therefore consider the timely arrival of shipments and uninterrupted cross-border supplies important for stabilising prices.

However, the expected decline remains a market estimate rather than a guaranteed price change. The final retail rate will depend on the volume of incoming supplies, transportation availability and the pace at which distributors replenish their stocks.

Consumers and retailers will be watching developments over the next two days to determine whether the anticipated reduction materialises.

For now, the arrival of vessels at Port Qasim and the resumption of tanker movements from Iran have contributed to a decline in LPG prices, with industry representatives expecting further relief if distribution returns to normal.