Bad news for users of the ubiquitous cylinders. / SUR

Spain's butane gas bottle maximum price rises again

It is the seventh price hike in a row and since September 2020 the price has risen by 40 per cent

SUR

The November revision of the maximum price of butane gas bottles has brought more bad news for consumers in Spain, trying to heat their homes as winter approaches.

The latest price hike is the seventh in a row and since September 2020 the price of the cylinders has risen 40 per cent, and from 16 November they will cost 16.92 euros.

The maximum price of the 12.5 kilo cylinder increased by 4.96% in the latest update, according to the order published in the BOE Official State Gazette. This rise in this new revision is due to the strong increase in the cost of raw materials (+ 20.59%) to which must be added the depreciation of the euro against the dollar (-0.94%) but is partially offset by the drop in transport costs (-2.07%).

Price rise capped

However, the maximum price was capped by an upper limit of 5%. If there was no such limit, the price of the bottles, without taxes, would have increased by 13.45%.

The maximum sale price of bottled liquefied petroleum gases (LPG) in containers of between 8 and 20 kilograms in Spain is reviewed bimonthly on the third Tuesday of the month.

Currently, 68 million LPG containers of different capacities are in use in Spain, of which 53 million are subject to the maximum regulated price (78%). From 2009 to 2018 the total consumption of bottled LPG has decreased by 20%.

The new maximum price of piped liquefied petroleum gas (LPG) was also published in the BOE, which shows an increase of 3.2% on the bill for an average customer.