15 JUNE 1992
Samarec Raises June LPG Prices
The Saudi Arabian Marketing and RefiningCompany (Samarec) has notified its LPG customers of a 5.8% increase in the Juneprice of propane to $136.00/ton from $128.50/ton in May and a 5.5% increase inthe June price of butane to $134.00/ton from $127.00/ton in May. Samarec's LPGprices are adjusted monthly in line with the company's new LPG formula whichcame into effect on 1 January 1992. The higher LPG prices reflect the rise in...