Middle East Economic Survey


No 45


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...