Gas cylinder at lowest level

ON Tuesday, May 16, the maximum retail price of a butane gas cylinder in Spain dropped once more. As published in the Official Gazette of State (BOE), the price fell by 4.9 per cent, to €15.96.

According to the calculations provided by the Ministry for the Ecological Transition and the Demographic Challenge, for the two last months, the cost stood at €16.79 per bottle. The new price will be the lowest since July 2021.

This latest reduction is due to a sharp drop in the price of raw materials, which fell by 25.8 per cent. To a lesser extent, the appreciation of the euro against the dollar by 0.9 per cent also played a part. Cushioned by the existing surplus, it increased by €0.97 per bottle to €1.76.

The maximum sale price of bottled liquefied petroleum gases (LPG) in containers of between 8 and 20 kilos ­ the traditional butane bottle ­ is not free but is reviewed bimonthly on the third Tuesday of the month.

Each new price is calculated based on the cost of the raw material in international markets. It also takes into account the price of transportation.