Butane Price Goes Down, The Pricing Scheme

The price of butane which is controlled by the GOB is set to see a decrease. See the details in this press release from the Government of Belize.
gob-releases1
Ministry of Economic Development, Commerce and Industry, and Consumer Protection

Decrease in controlled price of Butane

Belmopan – 19 May, 2009

In response to acquisition costs, the Government of Belize has approved a decrease of three dollars ($3.00) in the Maximum Retail Price of a Hundred Pound (100 lb) Cylinder of Butane (Domestic) Gas with effect from today Tuesday, 18 May, 2009.

Accordingly, the new prices to take are as follow:

District

Previous Price (April 17th, 2009)

Controlled Price (Reduced)

Belize City

$90.00

$87.00

Belmopan

$92.00

$89.00

San Ignacio

$92.00

$89.00

Benque

$93.00

$90.00

Orange Walk

$91.00

$88.00

Corozal

$90.00

$87.00

Dangriga

$94.00

$91.00

Punta Gorda

$95.00

$92.00

The decrease in price is based on average FOB acquisition cost recently reported by the major importers of domestic butane gas.

The Government of Belize will keep the FOB import prices for butane gas under review and make further changes in the controlled prices as may be appropriate while at the same time protecting the interests of the consumer.

via Government of Belize.

1 comment on this postSubmit yours
  1. Hi, good post. I have been wondering about this issue,so thanks for posting.

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