Middle East Economic Survey

VOL. LIV

No 14

1-Apr-2011

Saudi LPG Prices Raised For April Deliveries

Saudi Aramco on 31 March announced to customers that its price for propane for April delivery would increase by $55/ton to $875/ton and that the price for butane would rise by $30/ton to $890/ton. The increases can be attributed to the recent sharp rise in oil prices, as the LPG pricing formula factors in benchmark crude prices.

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Propane

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