MADRID, 20 May. (EUROPA PRESS) –
The maximum retail price of the butane cylinder will drop by 3.2% starting this Tuesday, to 16.14 euros, thus cutting the series of three consecutive increases chained in the last bimonthly reviews, according to the published resolution in the Official State Gazette (BOE).
Furthermore, after 11 two-month periods, it is the first review in which the limitation on the maximum price before taxes of 19.55 euros established by Royal Decree-Law 11/2022, of June 25, and last extended, is not applied. once by Royal Decree-Law 8/2023. This maximum price was last reached in the review on September 19, 2022.
Specifically, the reduction in this latest revision is due to the fall in the price of raw materials (-6.6%), as well as the slight appreciation of the euro against the dollar (0.5%) in the last two months and in the cost of freight (0.5%), as reported by sources from the Ministry for the Ecological Transition and the Demographic Challenge.
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.
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. Likewise, the price revision, upward or downward, is limited to 5%, with the excess or defect in price accumulating for application in subsequent revisions.
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%.