Middle East Economic Survey


No 45


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...