Sunday, August 31, 2014

Saudi Aramco cuts September propane to $745/T, down $35 from the August Level

State-run Saudi Aramco has cut its September contract price for propane to $745 a tonne, down $35 from the July level, an industry source said on Thursday. Butane prices for September 2014 were also cut to $785 a tonne, down $15 from July level of $800. 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   September 2014  -   
August 2014     Change 
Propane   $745                      $780                  -35
Butane     $785                      $800                  -15


Saudi Arabia February CP Price

Japan Energy Report
Saudi Arabia Energy Report
India Energy Report
Russia Energy Report