Saudi Aramco opened August propane contract price to Asia

Saudi Arabia’s major oil and gas producer – Saudi Aramco has opened August 2021 contract price for propane to Asia with 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 $660/ton, FOB from the port of Ras Tanura. 

The producer’s price list for propane and butane are shown in the following table:

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