Butane gas bottles go down in price
Wednesday, March 21, 2018 @ 1:13 AM
BOTTLED butane gas goes down in price today (Tuesday) by 5%, dropping to €13.96 from the current €14.68 due to a fall in the cost of the raw material, cheaper transport and the strengthening of the euro.
This first price fall of the year has come after many months of increases – 1.6% in January and 2.1% in November, with sharp hikes in summer last year of up to 5% in each cost review.
Only in September did prices go down, by nearly 5%, although they had gone up already by this much in summer.
As yet, gas bottle prices appear unlikely to drop to the historic low of July 2016, when they fell to just €11.25.
Price hikes in summer were due to a deficit from previous months rather than the cost of raw material having risen.
The new cost of €13.96 will remain valid until the next bi-monthly review on the third Tuesday in May.
Read more at thinkSPAIN.com