Overview
- The new cap takes effect Tuesday following a resolution published in Spain’s Boletín Oficial del Estado on 17 November.
- It marks a third consecutive downward revision of the maximum retail price for standard butane cylinders.
- The regulated tariff covers 8–20 kg bottled GLP, which is reviewed every two months by the energy directorate.
- The pricing formula factors in international propane and butane quotes, freight costs, and the euro–dollar rate, with adjustments limited to 5% per review and any imbalance carried forward.
- In the latest calculation, freight dropped 14.9% and the euro gained 0.23%, outweighing a 6.4% rise in commodity quotations, as bottled GLP demand trends lower over recent years.