May 09, 2024 4:49 a.m.

Saudi Aramco maintain September propane prices unchanged

Saudi Aramco maintain September propane prices unchanged

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Saudi Aramco has announced September shipment offers for propane to Asia at stable levels compared to the previous month, halting the four consecutive price increments. 

The latest offer stands at $365/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   31 Aug. 2020

M.O.M Changes

Propane

$365

-

Butane

$355

+$10

 

Propane is a primary feedstock used by propane dehydrogenation (PDH) operators in producing propylene monomer.

Country

Saudi Arabia