VOL. XLV

No 49

9-December-2002

SAUDI ARABIA

Saudi LPG Prices Carried Over In Anticipation Of Strong Demand For January

Saudi Aramco and Kuwait Petroleum Corporation (KPC) announced to customers on 1 December their LPG contract prices for the month, carrying over the November price of $327/ton for both propane and butane. While spot market LPG prices weakened in late November trading, MEES understands that the decision to maintain the price levels was based on expectation of renewed market...