6 October 1997
Ignoring Listless Market Conditions, Aramco Raises LPG Prices $8-28/Ton For October
The steam may have gone out of the Mideast LPG market in the last several weeks, butthe lack of spot market activity did not prevent Saudi Aramco from increasing its contractprices for October. The producer raised the price of propane by $28 to $208/ton whilebutane was increased by $8 to $203/ton. The price hikes were largely expected, however,and follow on the heels of...