Saudi Aramco's CP Averagely 113.8% Of AL Crude Price In FY 2010-Traders, Aramco, and LPG wholersalers have differences in position concerning CP

摘要

Saudi Aramco's CP, term contract price for LPG was 712.7 US dollars /MT, which is a mean value of propane and butane in fiscal year 2010 on average. The price turned out to be 113.8% of Arabian Light (AL) crude price. The details are that an average price of propane in FY 2010 is 708.3 US dollars /MT and that of butane 717.1 US dollars /MT, which are 112.3% and 115.3% of crude oil price on calorie basis respectively.