Saudi Aramco raises propane price for June, lowers Butane

Riyadh – Mubasher: The Saudi Arabian Oil Company (Saudi Aramco) has increased the price of its propane futures for June delivery to $350 a tonne from $340 in May, a pricing document reported by Reuters showed on Sunday.

Butane prices for June have been set at $330 a tonne, down from $340 per tonne in the previous month.

The aforementioned prices provide a benchmark to price the Middle East sales of liquefied petroleum gas (LPG) to Asian markets.

 

Mubasher Contribution Time: 31-May-2020 10:21 (GMT)
Mubasher Last Update Time: 31-May-2020 11:21 (GMT)