No 45

5 November 2001


SaudiAramco And KPC Trim LPG Prices For November

SaudiAramco and Kuwait Petroleum Corporation (KPC) announced their LPG contractprices for November deliveries on 31 October, reducing the price of propane by$5/ton to $235/ton and of butane by $3/ton to $232/ton. The lowering of pricesreflected the continuing weakness of global LPG spot markets during October,but the fact that prices were reduced only slightly is a result of the Asianmarket being...