State-run Saudi Aramco has cut its September contract price for propane to $315 a tonne, down $50 from the August level, an industry source said on Monday. Butane prices for September 2015 were set to $345 a tonne, down $55 from August level of $400. 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 2015 - August 2015 Change
Propane $315 $365 -50
Butane $345 $400 -55
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