Kuwait Petroleum Corporation Announces Liquefied Gas Prices for Next November - Sarmad
Kuwait Petroleum Corporation announced the prices of propane and butane for November.
Translated by Qiyas from سرمد — Original source
The Kuwait Petroleum Corporation announced on Thursday the new prices for liquefied petroleum gas (LPG), specifically propane and butane, for November.
The corporation stated that one metric ton of propane will be sold at $720 in November, while one metric ton of butane will be sold at $780.
Propane and butane are used in the petrochemical industry, as well as in other applications such as cooking and heating fuels.
LPG prices are influenced by global oil market prices, rising and falling with them, as oil serves as a key determinant of these materials’ prices. They are also affected by market supply and demand dynamics and other factors.
