VOL. XLV
No 31
5-August-2002
SAUDI ARABIA/KUWAIT
Saudi Aramco AndKPC Raise LPG Prices By $10/Ton
Saudi Aramco and Kuwait Petroleum Corporation (KPC) announced tocustomers on 31 July their LPG contract prices for August, raising the price ofboth products by $10/ton: propane to $235/ton and butane to $225/ton. The priceincrease is attributable to strengthened demand in the Chinese and Japanesemarkets in particular. In July the LPG spot market was bolstered both byintrinsic demand and by continued...
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