VOL.XLIII

No.06

7February 2000

SAUDI ARABIA

Saudi Aramco And KPC HikeFebruary LPG Prices By $14-19/Ton

Saudi Aramco and KuwaitsKPC have raised their contract prices (CPs) to the top end of the range ofmarket expectation for LPG deliveries in February, by $14/ton for propane (to$270/ton) and by $19/ton for butane (to $270/ton). The price hikes weretriggered by keen bidding for the Saudi T2 spot tender for 11-20 Februaryloading, which was sold at $270/ton for both propane and butane. At that time...