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Saudi Aramco slashed March propane prices to AsiaSaudi Aramco slashed March propane prices to Asia |
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It is reported that Saudi Aramco opened March 2020 shipment offers for propane to Asia with a rather large reduction compared to last month. This is the second price reduction in a row following months of the rally since October 2019.
The latest offer stands at $430/ton, FOB from the port of Ras Tanura
The producer’s latest prices for propane and butane are shown in the following table:
|
Product |
Price List on 2 Mar. 2020 |
M.O.M Changes |
|
Propane |
$430 |
-$75 |
|
Butane |
$480 |
-$65 |
