Saudi Aramco announced September shipment offers for propane to Asia

insight 30 Aug 2019

Saudi Aramco announced September shipment offers for propane to Asia

Butane Propane

It is reported that Saudi Aramco has opened September shipment offers for propane to Asia with $20/ton reduction from August, extending the downtrend to the fourth consecutive month. The latest offers stands at $350/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	Price List on 30 Aug. 19	M.O.M Changes
Propane	$350	-$20
Butane	$360	-

Country
Saudi Arabia