Saudi Aramco Sets Jan Propane at $955/T

Source: Reuters 12/31/2012, Location: Middle East

State-run Saudi Aramco set its January contract price for propane at $955 a tonne, down $55 from the December level, an industry source said.

The prices provide a benchmark against which Middle East sales of liquefied petroleum gas (LPG) to Asia are priced. Following is a table of Saudi Aramco's contract prices of propane and butane per tonne, in U.S. dollars.

Product Jan Dec Change:
- Propane 955 1,010 -55
- Butane 955 950 +5


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