Indian Oil Corporation and Bharat Petroleum Corporation impose 21-day gap on LPG bookings
Change
Indian Oil Corporation and Bharat Petroleum Corporation implemented a 21-day lock-in between domestic LPG cylinder bookings, effective Friday, to curb hoarding after a spike in panic orders.
Why it matters
Household-level hoarding will be curtailed, reducing abrupt surges in booking volumes that produce delivery backlogs. That easing of demand volatility should allow distributors and bottling plants to restore normal cylinder-return cycles and relieve pressure on refilling operations.
Implications
- • LPG dealers and distributors must enforce the new booking window by blocking repeat bookings that fall within the 21-day restriction.
- • LPG bottling plant operators must adjust bottling schedules and inventory planning for lower-than-normal empty-cylinder returns to avoid capacity shortfalls.
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