CommoPlast

Saudi Aramco continues lifting propane offers to Asia for July delivery

Saudi Aramco continues lifting propane offers to Asia for July delivery


Butane  Propane 


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