Reuters reported that Saudi Aramco has set its August contract price for propane at USD 775 per tonne up USD 200 or nearly 35% from the July level.
An industry source said that the company also raised its August butane price by USD 155 or 25% from July to USD 775 per tonne.
The prices provide a benchmark against which Middle East sales of liquefied petroleum gas to Asia are priced. Following is a table of Saudi Aramco's contract prices of propane and butane per tonne in US dollars.
Source - Reuters