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Saudi Aramco cuts August propane offers to AsiaSaudi Aramco cuts August propane offers to Asia |
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Saudi Aramco has reportedly announced August shipment offers for propane to Asia with another $5/ton reduction from July, marking the third consecutive month of price reduction. The latest offer stands at $370/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 |
Aug. 2019 |
Jul. 2019 |
Changes |
|
Propane |
$370 |
$375 |
-$5 |
|
Butane |
$360 |
$355 |
+$5 |
Country
Saudi Arabia
