Saudi Aramco introduces large hike on January propane prices to Asia
Saudi Aramco introduces large hike on January propane prices to Asia
Butane Propane
Saudi Aramco has opened fresh propane offers for January 2020 shipment to Asia with three digits hike compared to last month. This marks the fourth consecutive price increases since the drone attacks during late September 2019.
The latest offer stands at $565/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 31 Dec. 19 |
M.O.M Changes |
|
Propane |
$565 |
+$125 |
|
Butane |
$590 |
+$135 |