Monday, March 2, 2015

Saudi Aramco sets March propane to $500/T, up $50 from the February Level

State-run Saudi Aramco has increased its March contract price for propane to $500 a tonne, up $50 from the February level, an industry source said on Monday. Butane prices for March 2015 were set to $460 a tonne, down $20 from February level of $480. 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   February 2015  - 
February 2014    Change 
Propane   $500                     $450                +50
Butane     $460                     $480                -20

No comments:

Post a Comment