The price of the 12.5 kilo butane gas cylinder in Spain will increase by 4.99 per cent to 15.37 euros as of this Tuesday (20 July), the fifth consecutive rise and reaching its highest level since March 2015.
The price rise was confirmed in the BOE Official State Gazette, and the main blame has been put on the increase in the prices of raw materials (+ 12.91 per cent) and freight (+ 15.23 per cent), which were partially offset by the slight appreciation of the euro against the dollar (+ 1.32 per cent).
This latest increase is added to the previous four, also of almost 5 per cent in November 2020, January, March and May 2021. Since September of last year, the maximum price of the butane cylinder has risen by 26.5 per cent and the 15.37 euros price, as of this Tuesday, is the highest since March 2015, when it stood at 15.40 euros.
The maximum sale price of the butane cylinder is reviewed every two months on the third Tuesday of the odd-numbered months. This new price of the butane cylinder will be in force for two months, until the third Tuesday of next September, when it will be examined again.
Currently, some 68 million cylinders of LPG are used in Spain, of which 53 million (78 per cent) are subject to the maximum regulated price.
Regarding piped LPG gas, a new maximum price also comes into force this Tuesday, and it will represent an increase of 10.7 per cent for the average customer, compared to the existing prices.