Saudi Aramco Contract Price for October 2025

Saudi Aramco set the October propane and butane CP at $495/t and $475/t respectively, down by $25/t and $15/t from the previous month. The newly announced CP came in below market expectations where term customers had submitted recommendations on propane at $540-560/t, and butane at $520-535/t.

Overview Asian Refrigerated LPG

Bearish note on the Asian market. Swap values continued to soften against crude, increased selling pressure eased cash differentials.

South China Refrigerated LPG

According to Argus Media, South China propane Index arriving 24-31 October were valued at $570.5/mt South China butane Index arriving 24-31 October were valued at $559.5/mt.

Middle East LPG

Participants in the market are watching the release of October where another round of recommendations by term customers were reportedly unchanged from the initial round where propane were pegged ar %540-$560/mt and butane at $520-535/mt.

Asian Pressurized LPG: Prices stable in South China

Export offers from terminals loading in October from south China maintained at October CP+$48/mt on a FOB basis, while indicative offers into north Vietnam remains at October CP+100/mt on a CFR Haiphong basis for cargoes arriving in October.