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Saudi Aramco cut May propane pricesSaudi Aramco cut May propane prices |
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Saudi Aramco has announced May contract prices for propane to Asia with another $45/ton reduction from last month to reach $385/ton FOB from the Port of Ras Tanura, according to market sources.
The producer’s latest prices for propane and butane are shown in the following table:
|
Product |
April 2017 |
May 2017 |
Changes |
|
Propane |
$430 |
$385 |
-$45 |
|
Butane |
$490 |
$390 |
-$100 |