Saudi Aramco Holds Steady on LPG Pricing for Next Month
Deep News
Apr 30
Saudi Aramco has announced it will maintain its liquefied petroleum gas (LPG) prices for May at the same level as April, with no changes implemented. The contract price for propane in May remains unchanged at $750 per ton. Similarly, the price for butane holds steady at $800 per ton. However, due to facility damage, Saudi Aramco has suspended all LPG deliveries for the entire month of May. According to data from vessel tracking firm Vortexa, the majority of LPG exports from Saudi Arabia's Persian Gulf coast have come to a halt, although the country has managed to ship some propane and butane from the Yanbu port on the Red Sea coast.
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