Middle East Economic Survey


No 18


Saudi LPG Prices Unchanged For May

Saudi Aramco on 28 April announced that the May prices for propane and butane would remain unchanged from April, at $725/ton and $715/ton respectively. In spite of the end of winter, Saudi Aramco kept their May LPG contract prices the same as in April. These prices were on the high end of market expectations, Walt Hart, Senior Consultant at Houston-based Purvin & Gertz, told MEES. The LPG markets in...