VOL. XLVII
No 02
12-January-2004
SAUDI ARABIA
Saudi LPG Prices Raised For January After Strong Spot Demand
Saudi Aramco and Kuwait Petroleum Corporation (KPC) announced their January LPG prices to customers on 31 December, increasing the price for propane by $10/ton to $320/ton and the price for butane by $5/ton to $320/ton. The return to price parity between propane and butane follows a month when butane was unusually priced higher than propane, on the back of an Asian supply shortage (MEES, 8...
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