Saudi Aramco lifted November propane contract prices to Asia

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:

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