Aramco Announces June Prices for Butane and Propane
Saudi Aramco set its propane contract price for June at one dollar five hundred eighty per tonne and butane at one dollar five hundred sixty-five per tonne. These prices serve as a benchmark for LPG supply contracts to the Asia-Pacific region. China, the largest LPG importer and consumer, saw a significant rise in imports by forty-six percent in March.
Saudi Aramco announced it would maintain its propane contract prices for June at one dollar five hundred eighty per tonne.
The price for butane was set at one dollar five hundred sixty-five per tonne.
Propane and butane, both types of liquefied petroleum gas (LPG), are primarily used as fuel for cars, heating, and as feedstock for other petrochemicals.
Aramco's official selling prices (OSPs) for LPG serve as a benchmark for supply contracts from the Middle East to the Asia-Pacific region.
China, the world's largest importer and consumer of LPG, saw its imports jump approximately forty-six percent to 3.08 million metric tons in March compared to February.
The price for butane was set at one dollar five hundred sixty-five per tonne.
Propane and butane, both types of liquefied petroleum gas (LPG), are primarily used as fuel for cars, heating, and as feedstock for other petrochemicals.
Aramco's official selling prices (OSPs) for LPG serve as a benchmark for supply contracts from the Middle East to the Asia-Pacific region.
China, the world's largest importer and consumer of LPG, saw its imports jump approximately forty-six percent to 3.08 million metric tons in March compared to February.
Translation:
Translated by AI
