Saudi Aramco announced propane prices to Asia for December shipmentSaudi Aramco announced propane prices to Asia for December shipment |
|
Saudi Aramco has opened December shipment offers for propane to Asia with additional increases from the previous month. The price provides a benchmark against which Middle East sales of liquefied petroleum gas (LPG) to Asia are priced.
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 30 Nov. 2020 |
M.O.M Changes |
Propane |
$450 |
+$20 |
Butane |
$460 |
+$20 |
Propane is a primary feedstock used by propane dehydrogenation (PDH) operators in producing propylene monomer.
Country
Saudi Arabia