VOL. XXXIX

No. 2

9 October 1995

SAUDI ARABIA

Prices Saudi Aramco Raises October LPG Contract Price

Saudi Aramco has raised the contract price (CP) for LPG in October in anticipation of higher winter demand. The propane price has been increased by 8.2% to $159/ton from $147/ton in September, while that of butane has been put up by 6.5% to $165/ton from $155/ton in September. The CP is a monthly assessment based on current and forecasted market trends and is influenced by monthly spot...