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Business / Energy

Saudi Aramco sets April propane price at $320/T -statement

Published: 31 Mar 2016 - 09:18 am | Last Updated: 02 Nov 2021 - 10:36 am
Peninsula

 

KHOBAR:  State-run Saudi Aramco has set its April contract price for propane at $320 per tonne, up from $290 in March, it said on Thursday.

The prices provide a benchmark against which Middle East sales of liquefied petroleum gas (LPG) to Asia are priced.
Saudi Aramco’s contract prices for propane and butane per tonne in U.S. dollars were set as follows:
Product     April       Mar      Change

Propane     $320        $290     +$30

Butane      $350        $320     +$30

REUTERS