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Butane prices now 20% to 25% higher than July 2012

GeneralButane prices now 20% to 25% higher than July 2012

New butane prices which came into effect today, Friday, January 17, 2014, surpass the Government-controlled prices consumers paid during 2013, and indications from records here at Amandala are that they may be the highest prices since around mid-2012.

Back in July 2012, a 100-pound of liquefied petroleum gas (LPG) sourced from Central America was only $97 in Belize City. Today, it will cost a Belize City consumer $121 – almost 25% more.

Meanwhile, those Belize City consumers who buy LPG sourced from Mexico are paying 20% more than they did in July 2012: $125 versus $104.

Of note is that consumers in the districts pay more, with prices varying across the municipalities.

According to a notice issued by the Belize Bureau of Standards, persons who purchase LPG with a higher percentage of propane and a smaller percentage of butane (the 90-10 mix sourced from Central America) will pay $121 for a 100-pound cylinder, while the mix of 40% butane and 60% propane (sourced from Mexico), said to burn more efficiently, will now cost $125 for a 100-pound cylinder.

This represents an increase of $5 for the Central American LPG and an increase of $4 for the Mexican LPG.

Also of note is that the southernmost municipality of Toledo will pay the highest prices, at $126 and $130, for Central American and Mexican butane, respectively.

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