Aramco Hikes Propane CP By $5/Ton Amid Reduced Mideast Spot Availability
Saudi Aramco has notified its LPG contract customers that the May price of butane willbe left unchanged while propane will see a $5/ton rise relative to April. The changesleave both products at $125/ton for the month. The pricing moves reflect a contra-seasonalfirming trend evident in the LPG market during the May trading window. While discountsrelative to CP have started to...