Saudi Aramco slashed March propane prices to Asia

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: