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Belize LPG Price Outlook

Posted: Wednesday, February 1, 2023. 8:26 am CST.

Тhе vіеwѕ ехрrеѕѕеd іn this аrtісlе аrе those оf the writer аnd nоt nесеѕѕаrіlу those оf Вrеаkіng Веlіzе Nеwѕ.

Contributed: LPG prices after hitting a high of $6.85 per gallon in March 2022 saw a downward trend to a low of $5.32 per gallon in December 2022. Prices of LPG in the International market drive LPG prices in Belize and it is common and expected for prices to increase over the winter months reflecting seasonal demand and other market factors. This year, however, a decreasing price trend held throughout the holiday season to the benefit of homes across Belize who were cooking their favorite festive dishes for family and friends.

With the start of 2023 and the advent of colder weather in the United States, the decreasing trend has reversed and the acquisition price in Mont Belvieu Texas is now increasing with local LPG prices simultaneously trending upward as indicated in the recent shipment on January 24, 2023.


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