3 December 2001
Saudi Aramco And KPC Cut LPGPrices For December As Market Weakens Further
Saudi Aramco and Kuwait PetroleumCorporation (KPC) announced on 28 November their LPG contract prices forDecember deliveries, reducing the price of propane by $25/ton to $210/ton, andthe price of butane by $27/ton to $205/ton. This takes their LPG contractprices to the lowest level since July 1999 (see Table below). This latest pricereduction reflects the continuing weakness of...