VOL. XLII

No. 23

7-June-1999

SAUDI ARABIA

As LPG Market Firms, Saudi Aramco Hikes June Contract Prices$15/Ton

With the Mideast LPG market on a counter-seasonal firmingtrend, Saudi Aramco痴 term buyers should be relieved that their supplier didnot opt to increase its contract prices more than the $15/ton actually metedout for June. The producer set its contract prices for the month at $148/tonfor both propane and butane. This was somewhat less than the numbers achievedon its three monthly tenders...