Middle East Economic Survey


No 40


Saudi Propane Price Increased For October, Butane Unchanged

Saudi Aramco and Kuwait Petroleum Corporation (KPC) announced to customers on 30 September that propane contract prices for October deliveries would be increased by $10/ton to $575/ton, while butane contract prices would remain unchanged from the September price of $595/ton. Walt Hart, Senior Consultant at Houston-based Purvin & Gertz, told MEES that the propane price was about...