Saudi Aramco Cuts December LPG Prices By $10/Ton
Cuts in contract prices (CPs) for LPG deliveries in Decemberby Saudi Aramco and Kuwait痴 KPC by $10/ton for both propane (to $240/ton) andbutane (to $230/ton) were not unexpected given the persistence of slackconditions in LPG markets, both globally and in Asia. Asian buyers had perhapsbeen hoping for bigger reductions in order to stimulate demand, but the moremodest cuts actually delivered were probably...
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