Middle East Economic Survey

VOL. LII

No 45

9-Nov-2009

Saudi LPG Prices Boosted For November

Saudi Aramco and Kuwait Petroleum Corporation (KPC) have announced to customers that propane contract prices for November deliveries would be increased by $85/ton to $660/ton, while butane contract prices would be increased by $65/ton to $660/ton. Walt Hart, Senior Consultant at Houston-based Purvin & Gertz, told MEES that the propane contract price is again stronger than market expectations. Propanes...