(Bloomberg) -- Saudi Aramco, the world's biggest
producer of liquefied petroleum gas, may cut prices in July
because of falling demand from Asian chemical makers including
CPC Corp. and Mitsui Chemicals Inc., according to a Bloomberg
News survey.
Saudi Aramco may lower prices of propane by 3.4 percent to
$572 a metric ton from $592 by the end of June, according to the
median of five estimates by traders who declined to be
identified because of company policies. The refiner may trim
butane by 2.8 percent to $595 from $612 a ton, according to the
survey. The company will announce prices by end-June.
Read more at Bloomberg Energy News
producer of liquefied petroleum gas, may cut prices in July
because of falling demand from Asian chemical makers including
CPC Corp. and Mitsui Chemicals Inc., according to a Bloomberg
News survey.
Saudi Aramco may lower prices of propane by 3.4 percent to
$572 a metric ton from $592 by the end of June, according to the
median of five estimates by traders who declined to be
identified because of company policies. The refiner may trim
butane by 2.8 percent to $595 from $612 a ton, according to the
survey. The company will announce prices by end-June.
Read more at Bloomberg Energy News
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