VOL. XXXI

NO.41

18-JULY-1988

SAUDI ARABIA

Petromin Cuts July LPG Prices

Saudi Arabia's Petromin has notified its Japanese LPG customers of a$15/ton decrease in the price of LPG effective 1 July. The price of propanefalls to $105/ton, while that of propane drops to $110/ton. Saudi LPG priceswere last cut in May, as shown in the following table ($1/ton):

 Date of Change Propane Butane 1986 8 July 100 95 3 Aug 100 80 1987 1 Jan 100 90 1 Feb 115 115 1 Mar 125 125 1 Nov 125 130 1988 1 May 120 125 1...