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Thursday, March 28, 2024

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Butane prices take the plunge

FeaturesButane prices take the plunge

Finally, consumers are seeing an ease in the price of liquefied petroleum gas (LPG), with a fall of 10% in the price of butane sourced from Mexico and a 12.5% fall in the price of butane sourced from Central America.

Consumers in Belize City should now pay $115 for a 100-pound cylinder purchased from Belize Gas Limited and Western Gas Limited, whose supply comes from Mexico, and $112 for a 100-pound cylinder if they buy LPG from Belize Western Energy Limited, Southern Choice Butane, Zeta Gas or Gas Tomza Limited, whose supply comes from Central America.

Prices vary in the districts, with LPG being most expensive in the southernmost municipality of Punta Gorda, where it may be sold for $117 or $120 per cylinder, depending on the source.

Today, the average butane price is comparable to the prices consumers were paying last year this same time. In April 2013, LPG prices fell from $116 to $113 for a 100-pound tank.

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