Riyadh – Mubasher: Saudi Aramco set its propane May contract price at $385 per tonne, down from $430 in April.
The price provides a benchmark against which Middle East sales of liquefied petroleum gas (LPG) to Asia are priced, Reuters reported on Sunday.
Aramco's May contract price for butane fell to $390 per tonne, compared to $490 in the previous month.
Earlier, Saudi Aramco had set its propane April contract price at $430 per tonne, down from $480 in March.
