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Saudi Aramco set July propane price with reductionSaudi Aramco set July propane price with reduction |
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Saudi Aramco has slashed July contract prices for propane to Asia by $35/ton from last month to reach $295/ton FOB from the Port of Ras Tanura, according to market sources.
The producer’s latest prices for propane and butane are shown in the following table:
|
Product |
June 2016 |
July 2016 |
Changes |
|
Propane |
$330 |
$295 |
¯$35 |
|
Butane |
$365 |
$310 |
¯$55 |