Middle East Economic Survey

VOL. XLVIII

No 6

07-February-2005

Saudi LPG Prices Unchanged For February

Saudi Aramco and Kuwait Petroleum Corporation (KPC) on 31 January announced their February contract prices for LPG to customers, keeping propane unchanged from January at $365/ton and butane also unchanged at $372/ton. MEES soundings indicate that the rollover of pricing reflects the fact that conditions in the January LPG spot market were little changed from December. However, the surge in crude...