Saudi Aramco Raises September LPG Prices
Saudi Aramco has raised the September contract price of its LPG to $120/ton for bothpropane and butane. The new price represents a $13/ton increase for propane and a $15/tonincrease for butane from the August levels. The September prices for propane and butaneare around 67% of their January 1998 values and 36% of their January 1997 values. Thefollowing table shows the evolution of Saudi LPG prices since...