The price of the butane cylinder will be a record from this week

The price of the butane cylinder will rise again from this Tuesday.

Thomas Osborne
Thomas Osborne
18 May 2022 Wednesday 06:28
1 Reads
The price of the butane cylinder will be a record from this week

The price of the butane cylinder will rise again from this Tuesday. It will be another record price, after an upward revision of 4.94%, up to a maximum of 19.55 euros for sale to the public, according to a resolution published this Monday in the Official State Gazette (BOE).

It is the tenth consecutive increase for the standard format of 12.5 kilos. The cost is reviewed every two months and in this case it is due to the strong rise in prices (6.13%) for raw materials, propane and butane, and freight rates (9.83%) to which is added the depreciation of the euro against the dollar (-3.61%).

By law the price cannot rise more than 5% without taxes. Without this limitation, it would have increased by 8.2%. The excess is accumulated for its application in future revisions.

In Spain, 68 million containers of liquefied petroleum gas (LPG) of different capacities are currently consumed, of which 53 million are subject to the maximum regulated price (78%). It is a fuel in decline: from 2009 to 2018 the total consumption of bottled LPG has decreased by 20%.

Also starting this Tuesday, May 17, a new maximum price for piped liquefied petroleum gas comes into effect, which represents a 7.9% decrease in the bill for an average customer, compared to current prices. This decrease is due to the decrease, compared to the previous month, in the international prices of propane (-15.39%) and butane (-9.44%), despite the depreciation of the euro against the dollar (-1, 82%) and the increase in freight rates (15.91%).

Channeled LPG is an alternative to natural gas supply in small towns or urban centers far from the natural gas network. There are around 360,000 consumers in Spain.


4