VOL. XXXIX

No. 10

4 December 1995

SAUDI ARABIA

Saudi Aramco Raises December LPG Contract Price

Saudi Aramco has raised its contract prices (CP) for LPG in December, with the propane increased 8.3% to $195/ton from $180/ton in November and butane put up 4.4% to $188/ton from $180/ton in November. The CP is a monthly assessment based on current and forecasted market trends and is influenced by monthly spot tenders. Saudi Aramco's December LPG prices, together with the evolution of monthly...