No. 50

9 September 1996


Aramco Raises September LPG Contract Prices By $5-10/Ton

Supply disruptions and surging demand in the Western Hemi- sphere allowed Saudi Aramco to raise its LPG contract prices for September by some $5-10/ton last week. The price rises came in the wake of a series of market-moving events, starting with an explosion at a Pemex operated gas plant in the southern Mexican state of Chiapas in late July and culminating in another blast which...