Saudi Aramco lifted October offers for propane to Asia
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 |