Butane cylinder falls for first time in two years: This is its new price
In the midst of an unprecedented rate of inflation, J It was moderate in October At 7.3%, this is significant A butane cylinder fell by almost one euro today. specific, As of this Tuesday, its price has risen to 18.58 euros For a 12.5 kg bottle, compared to 19.50 euros over the past six months, as published by the BOE yesterday. Precisely in this sense, it should be remembered that at the end of June The Spanish government froze its maximum price until the end of 2022 for butane cylinders as a consumer protection measure to mitigate the effects of Russian aggression in Ukraine.
The fact is that the maximum selling price of bottled Liquefied Petroleum Gases (LPG) in containers of 8 to 20 kg, It is not liberalized And its value is reviewed every two months On the third Tuesday of the month, through the resolution of the Directorate General of Energy Policy and Mines, the price of raw materials (propane and butane) in the international market, as well as the price of freight (transportation) and the evolution of the Eurodollar exchange, on the other hand, said the revision, either up or down, is limited to 5%Accumulation of excess or deficiency of cost for its application in subsequent revisions.
How has butane cylinder price changed since 2010?
It is imperative to know that today’s international war situation, reached a historic peak, which reached 19.50 euros this year, while its second peak came between 2013 and 2014, which was set in 2014. And it’s been changing ups and downs over the last decade. For example, in 2008, it reached 14.10 euros, while in 2009 it fell to 10.50 euros. However, a year later, in 2010, the price of a butane cylinder increased to 11.06 euros. In any case, what is already known for sure is It will not rise to 20 euros in the next two months. Coinciding with the start of 2023, it is not yet known what will happen next year.
Bottled LPG is a mixture of hydrocarbons, mainly composed of butane, which Acts as an alternative to natural gas For energy use in pressure containers, especially in cities or urban centers without connection to natural gas networks. At present, 68 million LPG containers of various capacities are used, of which 53 million are subject to the maximum regulated price (78%). Despite everything, the total consumption of bottled LPG has decreased by 20% from 2009 to 2018.
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