6 May 2002
Saudi Aramco And KPC Raise LPG Prices For May As Asian Demand Recovers
SaudiAramco and Kuwait Petroleum Corporation (KPC)informed customers on 30 April of increased LPG contract prices for May. Thecompanies increased the price of propane by $15/ton to $230/ton, and the priceof butane by $25/ton to $210/ton. The May pricing incorporated the firstsignificant LPG price increase by the two companies for some time (see Table below),and was a result of recovering...