Wednesday, January 1, 2014

Saudi Aramco cuts Janurary propane price to $1010/T

State-run Saudi Aramco has cut its January contract price for propane at $1010 a tonne, down $90 from the December level, an industry source said on Tuesday. Butane prices for January 2014 were also cut to $1020 a tonne, down $205 from December level of $1225. The prices provide a benchmark against which Middle East sales of liquefied petroleum gas (LPG) to Asia are priced. Following is a table of Saudi Aramco's contract prices of propane and butane per tonne in U.S. dollars. 

Product  January 2014  -  December 2013   Change 
Propane  $1010                           $1100                  -90
Butane     $1020                           $1225                   -205

Related : Saudi Arabia February 2014 propane price

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