CommoPlast

Saudi Aramco set May propane price with increases

Saudi Aramco set May propane price with increases



Saudi Aramco has announced May contract prices for propane to Asia with $5/t increased from last month to reach $325/ton FOB from the Port of Ras Tanura, according to market sources.

The producer’s latest prices for propane and butane are shown in the following table:

Product

April 2016

May 2016

Changes

Propane

$320

$325

+$5

Butane

$350

$380

+$30