Middle East Economic Survey
Saudi LPG Prices Raised For November
Saudi Aramco on 31 October announced its November LPG contract prices to customers, raising the price of propane by $90/ton to $770/ton and the price of butane by $95/ton to $800/ton. The new contract prices matched a rally in the swaps market that occurred in the week prior to the announcement, Walt Hart, Senior Consultant at Houston-based Purvin & Gertz, told MEES. In that sense, the new contract...