Saudi Aramco set its May Contract Price (CP) at 470/t,a rise of 45/t from the April CR.The end of winter,which has reduced demand for heating fuels,is driving some Chinese importers towards butane or butane-heavy cargoes.China's key importer,Sinobenny,is moving to butane-heavy cargoes in its spot tenders.The firm has bought over 120,000t of spot LPG in the last fortnight at over 500/t,for delivery mainly into south China.
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