24 MAY 1993
Samarec Adjusts May LPG Prices
The Saudi Arabian Marketing and Refining Company (Samarec) has notified itsLPG customers of a 6.9% decrease in the May price of propane to $127.50/ton from$137.00/ton in April and an 8.1% increase in the May price of butane to$154.00/ton from $142.50/ton in April. Samarec's LPG prices are adjusted monthlyin line with the formula which came into effect on 1 January 1992. The followingtable shows the evolution of Samarec's LPG...