Saudi Aramco announced October propane prices with increases
Saudi Aramco announced October propane prices with increases
It is reported that Saudi Aramco has opened October shipment offers for propane to Asia with a $10/ton hike from the previous month as supply tightened.
The latest offer stands at $375/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 Sept. 2020 |
M.O.M Changes |
|
Propane |
$375 |
+$10 |
|
Butane |
$380 |
+$25 |
Propane is a primary feedstock used by propane dehydrogenation (PDH) operators in producing propylene monomer.