Middle East Economic Survey
VOL. LII
No 31
3-Aug-2009
Saudi LPG Prices Reduced For August
Saudi Aramco and Kuwait Petroleum Corporation (KPC) announced to customers on 29 July that LPG contract prices for August deliveries would be $490/ton for propane and $520/ton for butane, down by $10/ton and $20/ton respectively from July. Walt Hart, Senior Consultant at Houston-based Purvin & Gertz, told MEES that estimates for August contract pricing as reflected in LPG swaps prices have been rising...
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