Butane gas bottle price in Spain rises to six year high

Butane gas bottle price in Spain rises to six year high. image: Pixabay

Butane gas bottle prices in Spain have now risen to a six year high.

The Spanish government’s official maximum price of a 12.5-kilo butane gas bottle cylinder is now set at 15.37 euros- the highest price it has been in six years.

The price of a 12.5-kilo butane gas bottle in Spain has increased by 4.99 per cent to 15.37 euros, which is the fifth consecutive rise and is now reaching its highest level since March 2015.

The price rise was confirmed on Tuesday in the BOE Official State Gazette, the reason for the price increase has been put down to the cost of raw materials, which, according to the bulletin, was partially offset by the slight gain of the euro against the dollar (+ 1.32 per cent).

This latest increase is on top of the previous four rises– 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, and as of yesterday, Tuesday, July 20, is the highest since March 2015, when it stood at a level of €15.40.

The next price rise could be in two months

The price that a butane cylinder can be sold for is reviewed every two months- specifically on the third Tuesday of the odd-numbered months.

This new higher price will stay in force for two months, until the third Tuesday of next September, (21st ), when it will be looked at again.

There are currently around 68 million cylinders of LPG in use in Spain, of which 53 million (78 per cent) are subject to the maximum regulated price. A 10.7 per cent rise in piped LPG gas also came into force on Tuesday for consumers.

 


Thank you for taking the time to read this article, please remember to come back and check The Euro Weekly News website for all your up-to-date local and international news stories.

 

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Ron Howells

Ron actually started his working career as an Ophthalmic Technician- things changed when, during a band rehearsal, his amplifier blew up and he couldn’t get it fixed so he took a course at Birmingham University and ended up doing a degree course. He built up a chain of electronics stores and sold them as a franchise over 35 years ago. After five years touring the world Ron decided to move to Spain with his wife and son, a place they had visited over the years, and only bought the villa they live in because it has a guitar-shaped swimming pool!. Playing the guitar since the age of 7, he can often be seen, (and heard!) at beach bars and clubs along the length of the coast. He has always been interested in the news and constantly thrives to present his articles in an interesting and engaging way.

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