30 September 2013 04:59 [Source: ICIS news]
Saudi Aramco’s October contract price on an FOB (free on board) basis for propane is at $820/tonne, while that for butane is at $850/tonne, the company said.
The decreases were smaller than expectations, market sources said.
High inventory and weak demand were major reasons behind Saudi Aramco’s price cuts, the sources said.
($1 = €0.74)
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