MADRID, 20 Nov. (EUROPA PRESS) -
The maximum retail price of the butane cylinder will rise by 5% - the maximum allowed in the regulations - starting this Tuesday to 15.14 euros, after six consecutive two months of decline.
This bimonthly review 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 euro-dollar exchange rate. On the other hand, said price revision, upward or downward, is limited to 5%, with the excess or defect in price accumulating for application in subsequent revisions.
The increase in this latest revision is mainly due to the increase in the price of raw materials (8.3%), a sharp increase in freight costs (26.6%) and the depreciation of the euro against the dollar (-3. 3%) that have been registered during this two-month period.
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 month, by resolution of the General Directorate of Energy Policy and Mines.
Bottled liquefied petroleum gas (LPG) is a mixture of hydrocarbons, mainly composed of butane, that serves as an 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 fuel in decline: from 2010 to 2021, total consumption of bottled LPG has decreased by more than 25%.
Royal Decree-Law 11/2022, of June 25, limited the maximum price of a butane cylinder between 8 and 20 kilograms to 19.55 euros, a measure that Royal Decree-Law 5/2023 extended last June. until December 31, 2023. This maximum price was last reached in the review of September 19, 2022.