ANDprice of butane cylinder from this tuesday it will drop to 18.58 euros per bottle 12.5 Kg compared to 19.5 Euros in the last six months published by the Official State Gazette (BOE) on Monday.
The maximum selling price of bottled liquefied petroleum gases (LPG) in containers between 8 and 20 kg (traditional butane cylinder) is not liberalized and its value is reviewed every two months on the third Tuesday of the month by the decision of the General Directorate. Energy Policy and Mining.
In accordance with the methodology established by current regulations, the bimonthly price review is calculated based on the cost of the raw material (propane and butane) in international markets, as well as the freight (freight) cost and the evolution of the freight cost. rate euro-dollar exchange rate.
On the other hand, said price revision, up or down, is limited to 5%.accumulating the excess or defect of the price for implementation in subsequent revisions.
Despite a 10% decrease in raw material prices in this two-month period, freight cost increased by 24% and the dollar gained 2.8% against the euro.
It should be noted that the royal decree on measures to deal with the consequences of the war in Ukraine and situations of social and economic fragility freezes the pre-tax maximum price of packaged liquefied petroleum gas (LPG) from 8 to 20 kg.
Bottled LPG is a hydrocarbon mixture consisting mainly of butane.It serves as an alternative to natural gas in energy consumption in pressure vessels that are not connected to the natural gas network, especially in districts or city centers.
At the moment 68 million different capacity LPG containers are consumedOf these, 53 million are subject to the regulated maximum price (78%).
Despite everything, the total cylinder LPG consumption decreased by 20% from 2009 to 2018.
Source: Informacion
Christina Moncayo is a contributing writer for “Social Bites”. Her focus is on the gaming industry and she provides in-depth coverage of the latest news and trends in the world of gaming.