VOL. XXXVIIINO. 105 DECEMBER 1994

Saudi Arabia

Saudi Aramco's December LPG Prices Disturb Nervous Buyers

After issuing fairly moderate LPG contract prices last month for Novemberexports (MEES, 7 November), Saudi Aramco has once again disturbed customers bythe announcement of significantly higher assessments for December LPG contractsales. While at $177/ton the butane contract price (CP) actually fell in thelower range of the rumored results of the three December spot market tendersawarded over...