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LPG to go down three cents per gallon, $1 per hundred-pound cylinder in towns and cities tomorrow

Butane prices rise 8 to 9 dollars per pound

Posted: Thursday, August 8, 2024. 9:16 pm CST.

By Aaron Humes: The Supplies Control Unit has announced a slight decrease in the price of liquefied petroleum gas (LPG), after a punishing increase of 26 cents in July.

The new prices are $3.87 wholesale, $5.47 per gallon retail in urban areas, and $5.57 per gallon in rural areas. Retail prices are down to $1.25 per pound in urban areas but remain at $1.28 per pound in rural areas.

This means that a hundred-pound cylinder of LPG will now cost you $125 in the towns and cities and $128 elsewhere.

A decrease in acquisition costs for propane and butane drove the change, which goes into effect on Friday, August 9. The public is advised that the prices established for imported LPG are based on the mixtures of 70:30 (Propane: Butane) only as per the requirement of the Belize National Standard Specification for Liquefied Petroleum Gas (LPG) BZS 21:2012.

 

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