Saudi Aramco lifted October offers for propane to Asia

insight 30 Sep 2019

Saudi Aramco lifted October offers for propane to Asia

Butane Propane

It is reported that Saudi Aramco has announced October shipment offers for propane to Asia with a drastic increase of $70/ton from last month to $420/ton, FOB from the port of Ras Tanura. Market sources blamed the recent attack at the company’s oil-processing center for the increases.

The producer’s latest prices for propane and butane are shown in the following table:

Product	Price List on 30 Sept. 19	M.O.M Changes
Propane	$420	+$70
Butane	$435	+$75

Country
Saudi Arabia