Monday, August 31, 2015

Saudi Aramco sets September propane to $315/T, down $50 from the August Level

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

No comments:

Post a Comment