SAUDI ARABIA

Petromin Reduces March LPG Prices by S27/Ton 

Saudi Arabia's Petromin has notified its Japanese LPG customers of a $27/ton cut in LPG prices to $180/ton for both propane and butane effective 1 March. The r ice cut was welcomed by Japanese importers, who nonetheless are still pressing tor lower Saudi LPG prices. The following table shows the evolution of Saudi LPG prices:

 Date of Change Propane Butane 1984 1 August 215 215 7 August 206 206 1985 1 October 211 211 1...