Middle East Economic Survey


No 36


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...