Saudi Aramco announced propane prices to Asia for December shipment
Saudi Aramco announced propane prices to Asia for December shipment
Saudi Aramco has opened December shipment offers for propane to Asia with additional increases from the previous month. The price provides a benchmark against which Middle East sales of liquefied petroleum gas (LPG) to Asia are priced.
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 30 Nov. 2020 |
M.O.M Changes |
|
Propane |
$450 |
+$20 |
|
Butane |
$460 |
+$20 |
Propane is a primary feedstock used by propane dehydrogenation (PDH) operators in producing propylene monomer.