|
|
Saudi Aramco announced July propane prices to Asia with a sharp hikeSaudi Aramco announced July propane prices to Asia with a sharp hike |
|
It is reported that Saudi Aramco has opened July shipment offers for propane to Asia with large increases from the previous month, on the back of the surging energy complex.
The latest offer stands at $620/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 Jun. 21 |
M.O.M Changes |
|
Propane |
$620 |
+$90 |
|
Butane |
$620 |
+$95 |
Propane is a primary feedstock used by propane dehydrogenation (PDH) operators in producing propylene monomer.
