Mar 29, 2024 2:43 p.m.

Saudi Aramco lifted November propane contract prices to Asia

Saudi Aramco lifted November propane contract prices to Asia

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Saudi Aramco has reportedly announced November shipment offers for propane to Asia with large increases from the previous month. 

The latest offer stands at $430/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 Oct. 2020

M.O.M Changes

Propane

$430

+$55

Butane

$440

+$60

 

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