CommoPlast

Saudi Aramco announced propane prices to Asia for December shipment

Saudi 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