VOL. XLIII

No. 27

3 July 2000

SAUDI ARABIA/KUWAIT

Saudi Arabia And Kuwait Raise LPG Prices For July: Buyers Await Volume Information From KPC

Saudi Aramco and Kuwait Petroleum Corporation (KPC) have raised their LPG contract prices for July by $25/ton for propane to $295/ton and by $28/ton for butane to $298/ton. Interest in Saudi Aramcos three spot tenders during June, which are used as a guideline for July pricing, was muted largely because the market was waiting on the outcome of the OPEC...