State-run Saudi Aramco has cut its August contract price for propane to $780 a tonne, down $40 from the July level, an industry source said on Thursday. Butane prices for August 2014 were also cut to $800 a tonne, down $40 from July level of $840. 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 August 2014 - July 2014 Change
Propane $780 $820 -40
Butane $800 $840 -40
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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