SAUDI ARABIA

Petromin Reduces February LPG Prices by $10/Ton 

Saudi Arabia's Petromin has notified its Japanese LPG customers of a $10/ton cut in LPG prices to $207/ton for both propane and butane effective 1 February. Before this reduction propane and butane prices were raised twice in the fourth quarter of 1985 to $211/ton in October and $217/ton in December as shown in the following table on the evolution of Saudi LPG prices:

 Date of Change Propane Butane 1984 1 April 225 240...