Middle East Economic Survey


No 36


Saudi LPG Prices Increased For September

Saudi Aramco and Kuwait Petroleum Corporation (KPC) announced to customers on 31 August that LPG contract prices for September deliveries would be $565/ton for propane and $595/ton for butane, increasing both by $75/ton from their August prices. Walt Hart, Senior Consultant at Houston-based Purvin & Gertz, told MEES that participants in the LPG market expected an increase in the contract prices...