Saudi Aramco sets October propane price at $655 a tonne
Price provides a benchmark against which Mideast sales of liquefied petroleum gas (LPG) to Asia are quoted
Dubai: State-run Saudi Aramco has set its October contract price for propane at $655 (Dh2,405) a tonne, up from $600 in September, the company said on Sunday.
The price provides a benchmark against which Middle East sales of liquefied petroleum gas (LPG) to Asia are priced.
Saudi Aramco’s contract prices for propane and butane per tonne in US dollars were set as follows:
PRODUCT
October - September - CHANGE
Propane: $655 - $600 - +$55
Butane: $655 - $635 - +$20