Wednesday, February 26, 2014

Saudi Aramco cuts March propane price to $855/T

State-run Saudi Aramco has cut its March contract price for propane to $855 a tonne, down $115 from the February level, an industry source said on Thursday. Butane prices for March 2014 were also cut to $870 a tonne, down $100 from February level of $970. 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  March 2014  -  February 2014  Change 
Propane  $855                          $970                  -115
Butane     $870                          $970                 -100


Related:

Saudi Arabia February CP Price
The key energy commodity price trends of U.S. in 2013
Japan Energy Report
Saudi Arabia Energy Report
India Energy Report

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