Middle East Economic Survey

VOL. LIV

No 36

5-Sep-2011

Saudi LPG Prices Reduced For September

Saudi Aramco on 29 July reduced its LPG prices for deliveries to customers during September. The contract price for propane was cut by $45/ton to $790/ton for the month and the price of butane was reduced by $20/ton to $865/ton. Propane import demand continues to be seasonally weak in Asia, while plentiful spot cargoes of propane were available from Qatar, Iran and Kuwait, Walter M Hart, Senior...