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KHOBAR, Saudi Arabia, Feb 13 (Reuters) - State-run Saudi Aramco has set its February contract price for propane at $510 a tonne, up from $435 in January, the company said in a statement.
The price provides a benchmark against which Middle East sales of liquefied petroleum gas (LPG) to Asia are priced.
Saudi Aramco's contract prices for propane and butane per tonne in U.S. dollars were set as follows:
Product Feb. Jan. Change Propane $510 $435 +$75 Butane $600 $495 +$105
(Writing by Reem Shamseddine, Editing by William Maclean) ((Reem.Shamseddine@thomsonreuters.com; +966503335202; Reuters Messaging: reem.shamseddine.thomsonreuters.com@reuters.net))
The price provides a benchmark against which Middle East sales of liquefied petroleum gas (LPG) to Asia are priced.
Saudi Aramco's contract prices for propane and butane per tonne in U.S. dollars were set as follows:
Product Feb. Jan. Change Propane $510 $435 +$75 Butane $600 $495 +$105
(Writing by Reem Shamseddine, Editing by William Maclean) ((Reem.Shamseddine@thomsonreuters.com; +966503335202; Reuters Messaging: reem.shamseddine.thomsonreuters.com@reuters.net))
