Middle East Economic Survey


No 27


Saudi LPG Prices Reduced For July

Saudi Aramco announced its July LPG contract prices to customers on 30 June, reducing propane by $55/ton to $615/ton and cutting butane by $45/ton to $625/ton. July propane prices on the swaps market have been trending down steadily throughout June, such that the announced July propane contract price should not be a surprise, Walt Hart, Senior Consultant at Houston-based Purvin & Gertz, told MEES. Propane...