The controlled price of 100 lbs of butane went down to $117.00, the Belize Bureau of Standards announced on Wednesday.
That is one dollar down from the last price of $118 announced last November 12.
That $118 price is for butane imported from Mexico. Retailers have been selling the local butane gas for as little as $112 per 100 lbs.
This is because the Bureau of Standards is in the process of establishing a quality standard for all butane sold in Belize, to be at least 60 percent butane and 40 percent propane.
These regulations, however, are still very much in the planning stage, and have not yet been passed into law. In fact the draft legislation has not yet been presented to the House of Representatives.
In the meantime, the regulated price for a 100-pound cylinder of butane outside Belize City will be $117 in Corozal, $118 in Orange Walk, $119 in Belmopan and San Ignacio, $121 in Dangriga, and $122 in Punta Gorda Town.
It’s the first price cut since the price fell to $97 for 100 lbs last July, then slowly crept back up to $109 by August..