Wednesday, September 30, 2015

Saudi Aramco sets October propane to $360/T, up $45 from the September Level

State-run Saudi Aramco has increased its October contract price for propane to $360 a tonne, up $45 from the September level, an industry source said on Wednesday. Butane prices for October 2015 were set to $365 a tonne, up $20 from September level of $345. 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   October 2015  - 
September 2015    Change 
Propane   $360                    $315                +45
Butane     $365                    $345               +20

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