Algeria's Sonatrach set contract prices for liquefied petroleum gas (LPG) loading in August, a market source told Rim Intelligence Co. The price for propane was set at $285/mt, up $25/mt from the previous month. Meanwhile, the price for butane was set at $310/mt, down $30/mt from a month earlier.
LPG Benchmarks
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Aramco CP
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Sonatrach PP
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North Sea
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Propane
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Butane
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Propane
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Butane
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Propane
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Butane
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Aug 20
|
365.0
|
345.0
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285.0
|
310.0
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Jul 20
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360.0
|
340.0
|
260.0
|
340.0
|
252.0
|
307.5
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Jun 20
|
350.0
|
330.0
|
255.0
|
245.0
|
248.0
|
222.0
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May 20
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340.0
|
340.0
|
210.0
|
195.0
|
200.0
|
136.0
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Apr 20
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230.0
|
240.0
|
155.0
|
145.0
|
152.0
|
120.0
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Mar 20
|
430.0
|
480.0
|
305.0
|
405.0
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298.5
|
347.5
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Feb 20
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505.0
|
545.0
|
360.0
|
480.0
|
344.0
|
442.0
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Jan 20
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565.0
|
590.0
|
467.0
|
470.0
|
464.5
|
429.5
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Dec 19
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440.0
|
455.0
|
405.0
|
450.0
|
399.5
|
436.5
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Nov 19
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430.0
|
445.0
|
360.0
|
440.0
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358.0
|
422.5
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Oct 19
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420.0
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435.0
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325.0
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400.0
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316.5
|
369.5
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Sep 19
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350.0
|
360.0
|
286.0
|
312.0
|
277.5
|
291.5
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Aug 19
|
370.0
|
360.0
|
286.0
|
295.0
|
276.0
|
270.5
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Unit: $/mt
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