VOL. XLI

No. 49

7-December-1998

SAUDI ARABIA

As Spot Market Begins To Weaken, Aramco Sets December LPG Prices AtModerate Levels

With the first signs of weakness beginning to appear in the Mideastspot market, Saudi Aramco struck a cautious note with its LPG contract prices forDecember. The producer set its propane contract price at $195/ton while the butane CP wasput at $218/ton. While these prices are up some $17-18 relative to last month, offers intoAramcos second butane tender for December...