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Saudi Aramco continues lifting propane prices to Asia for March loadingSaudi Aramco continues lifting propane prices to Asia for March loading |
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It is reported that Saudi Aramco has lifted propane offers for March shipment to Asia with additional increases, marking the ninth straight monthly increases on the back of supply tightness.
The latest offer stands at $625/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 01 Mar. 21 |
M.O.M Changes |
|
Propane |
$625 |
+$20 |
|
Butane |
$595 |
+$10 |
Propane is a primary feedstock used by propane dehydrogenation (PDH) operators in producing propylene monomer.
