October 31, 2010 / 12:36 PM / 9 years ago

Saudi Aramco raises Nov propane to $770/T - source

 KHOBAR, Saudi Arabia, Oct 31 (Reuters) - State-run Saudi
Aramco [SDABO.UL] has set its November contract price for
propane at $770 a tonne, up $90 from the October level, an
industry source said on Sunday.
 The company also raised its November butane price by $95
from October to $800 a tonne, said the source familiar with the
matter.
 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.
 
MONTH    PROPANE  BUTANE
  Nov '10     770     800
  Oct '10     680     705
  Sep '10     630     650
  Aug '10     575     595
  Jul '10     615     625
  Jun '10     670     670
  May '10     725     715
  Apr '10     725     715
  Mar '10     730     715
  Feb '10     735     735
  Jan '10     740     735
  Dec '09     720     730
  Nov '09     660     660
  Oct '09     575     595
  Sep '09     565     595
  Aug '09     490     520
  Jul '09     500     540
  Jun '09     395     455
  May '09     380     400
  Apr '09     395     405
  Mar '09     470     450
  Feb '09     505     505
  Jan '09     380     380
 (Reporting by Reem Shamseddine; Editing by Michael Shields)



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