"Petrochemical Industries" Announces Liquefied Gas Prices for Next November
The company announced prices of $720 for Propane and $780 per ton for Butane.
Translated by Qiyas from الوسط — Original source
Kuwait’s state-owned Kuwait Petroleum Corporation (KPC) announced on Thursday the new prices for liquefied petroleum gas (LPG), comprising propane and butane, for November. In a statement to the Kuwait News Agency (KUNA), KPC said that one metric ton of propane will be sold at $720 in November, while one metric ton of butane will be sold at $780. LPG, including propane and butane, is used in the petrochemical industry as well as in other applications such as cooking and heating fuels. The prices of LPG fluctuate with global oil market prices, which serve as a key determinant of these materials’ prices, and are also influenced by supply and demand dynamics and other factors.
