BEIRUT

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Saudi Aramco ups Aug propane price 35 pct on month

  • Firefighters move a propane tank outside the apartment complex where suspect James Eagan Holmes lived in Aurora, Colorado July 21, 2012. REUTERS/Joshua Lott

TOKYO: State-run Saudi Aramco has set its August contract price for propane at $775 a tonne, up $200, or nearly 35 percent, from the July level, an industry source said on Tuesday.

The company also raised its August butane price by $155, or 25 percent, from July, to $775 a tonne, the source said.

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.

 
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