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Significant Fall in Butane Prices Print E-mail
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Thursday, 15 May 2014 00:00

On May 8, the price of Liquid Petroleum Gas (LPG) fell significantly across the country. The supplies Control Unit in the Ministry of Trade, Investment Promotion, Private Sector Development and Consumer Protection establishes prices for LPG based on mixtures of 60-40 propane to butane and 90-10 propane to butane. According to a release from the Ministry, there has been a sharp decrease in the price of propane due to warmer weather as winter months have passed and the months of summer are approaching.

The LPG imported from PEMEX in Mexico has the 60-40 mixture and the price per 100 pound cylinder fell by $13 across the board. The new controlled prices to full a 100 pound cylinder are now $115 in Belize City and Corozal, $116 in Orange Walk, $117 in Belmopan and San Ignacio, $118 in Benque Viejo, $119 in Dangriga and $120 in Punta Gorda.

The LPG imported from Central America has the 90-10 mixture and since it is propane that is the cause of the price decrease there is an even greater fall in price of that product. The new controlled prices to full a 100 pound cylinder of LPG from Central America have fallen by $16 across the board. Customers in Belize City and Corozal are now paying $112; it is $113 in Orange Walk, $114 in Belmopan and San Ignacio, $115 in Benque Viejo, $116 in Dangriga and $117 in Punta Gorda.