Surprising change in the price of the butane cylinder starting today

2023-09-19 08:55:32

He Maximum price of sale to the public of the butane cylinder go down to and 4.94% Starting this Tuesday, September 19, up to 14.43 euros, thus reaching the lowest price recorded in the last year, according to a resolution published yesterday in the Official State Gazette (BOE).

This price for the butane cylinder starting this Tuesday will be like this 26% lower that he Maximum price last registered 12 months ago.

This reduction responds to the fact that the surplus generated in recent months allows to cushion the increase in the price of raw Materials (+35.7%) and the slight revaluations of the euro against the dollar (+1.2%) and in the freight cost (+0.7%) registered during this two-month period, according to sources from the Ministry for the Ecological Transition and the Demographic Challenge.

Bimonthly review

He maximum sale price of liquefied gases of bottled petroleum (LPG) in containers of between 8 and 20 kilograms – the traditional butane cylinder – It is not liberalized. Its value is reviewed bimonthly on the third Tuesday of the month, by resolution of the General Directorate of Energy Policy and Mines.

This bimonthly review It is calculated based on the cost of raw materials (propane and butane) in international markets, as well as the cost of freight (transport) and the evolution of the type of euro-dollar exchange.

The price revision, up or down, is limited to 5%, accumulating the excess or defect in price for application in subsequent reviews.

Alternative to natural gas

Bottled liquefied petroleum gas is a mixture of hydrocarbons, primarily 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.

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Currently, annually 64.5 million LPG containers of different capacities. It is a fuel in decline, since from 2010 to 2021 the total consumption of bottled LPG has decreased by more than 25%.

Royal Decree-Law 11/2022, of June 25, limited the maximum price of the butane cylinder between 8 and 20 kilograms at 19.55 euros, a measure that Royal Decree-Law 5/2023 extended last June until December 31, 2023.