12 June 2000
Saudi Aramco And KPC Raise LPG Prices For June After Spot Tenders Attract Strong Interest
Saudi Aramco and Kuwait Petroleum Corporation (KPC) have raised their LPG contract prices (CPs) for June by $15/ton for propane and butane, bringing the CP for both grades to $270/ton. The price increase was in line with market expectations, following strong interest in Saudi Aramcos three spot tenders during May.
Having posted May CPs of $255/ton for propane and...