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Saudi Aramco announced October propane prices with increasesSaudi Aramco announced October propane prices with increases |
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It is reported that Saudi Aramco has opened October shipment offers for propane to Asia with a $10/ton hike from the previous month as supply tightened.
The latest offer stands at $375/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 Sept. 2020 |
M.O.M Changes |
Propane |
$375 |
+$10 |
Butane |
$380 |
+$25 |
Propane is a primary feedstock used by propane dehydrogenation (PDH) operators in producing propylene monomer.
Country
China