Monday, March 31, 2014

Saudi Aramco cuts April propane price to $770/T

State-run Saudi Aramco has cut its April contract price for propane to $770 a tonne, down $85 from the March level, an industry source said on Monday. Butane prices for April 2014 were also cut to $845 a tonne, down $25 from March level of $870. 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   April  2014  -   March2014     Change 
Propane  $770                         $855                 -85
Butane     $845                         $870                -25


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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