this is its new price from this Tuesday
The maximum retail price of the butane cylinder will drop 4% starting this Tuesday compared to the price set in the last review, up to 15.46 eurosadding its third consecutive decline, according to a resolution published in the Official State Gazette (BOE).
Specifically, The decrease in this last revision is due to the decrease in freight rates (-14.9%) and the appreciation of the euro against the dollar (+0.23%).despite the increase in raw material prices (+6.4%), sources from the Ministry for the Ecological Transition and Demographic Challenge reported.
The maximum sales price of bottled liquefied petroleum gases (LPG) in containers of between 8 and 20 kilograms – the traditional butane cylinder – is not liberalized. Its value is reviewed bimonthly on the third Tuesday of the monthby Resolution of the General Directorate of Energy Policy and Mines.
This bimonthly review It is calculated based on the cost of the raw materials (propane and butane) in international markets, as well as the cost of freight (transport) and the evolution of the euro-dollar exchange rate.
On the other hand, said price revision, upward or downward, is limited to 5%, accumulating the excess or defect in price for application in subsequent revisions.
Bottled LPG is a mixture of hydrocarbons, mainly composed of butane, which serves as alternative to natural gas for energy consumption in pressure containers, especially in towns or urban centers without connection to the natural gas network.
Currently, 64.5 million LPG containers of different capacities are consumed annually. It is a declining fuel and, from 2010 to 2021, total consumption of bottled LPG has decreased by more than 25%.
