Saudi Aramco continues lifting propane offers to Asia for July deliverySaudi Aramco continues lifting propane offers to Asia for July delivery |
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Saudi Arabia has reportedly lifted propane offers to Asia for July 2020 delivery by $10/ton from the previous month, marking the third consecutive month of price increment.
The latest offer stands at $360/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 30 Jun. 2020 |
M.O.M Changes |
Propane |
$360 |
+$10 |
Butane |
$340 |
+$10 |
Propane is a primary feedstock used by propane dehydrogenation (PDH) operators in producing propylene monomer.
Country
Saudi Arabia