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Saudi Aramco lifted November propane contract prices to AsiaSaudi Aramco lifted November propane contract prices to Asia |
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Saudi Aramco has reportedly announced November shipment offers for propane to Asia with large increases from the previous month.
The latest offer stands at $430/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 29 Oct. 2020 |
M.O.M Changes |
|
Propane |
$430 |
+$55 |
|
Butane |
$440 |
+$60 |
Propane is a primary feedstock used by propane dehydrogenation (PDH) operators in producing propylene monomer.
