State-run Saudi Aramco has increased its March contract price for propane to $290 a tonne, up $5 from the February level, an industry source said on Monday. Butane prices for March 2016 were set to $320 a tonne, up $5 from February level of $315. 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 March 2016 - February 2016 Change
Propane $290 $285 +5
Butane $320 $315 +5
