VOL. XLIII

No. 02

10 January 2000

SAUDI ARABIA

Saudi Aramco Hikes January LPG Prices By $16-21/Ton

Saudi Aramco and Kuwaits KPC have raised their contract prices (CPs) for LPG deliveries in January by $16/ton for propane (to $256/ton) and by $21/ton for butane (to $251/ton) on the back of a firming up of spot prices during mid-to-late December as compared to November and early December. Saudi Aramcos spot TI tender for 1-10 January loading attracted wide interest and was reportedly awarded at...