What were the exact June OSP changes for propane and butane announced by Saudi Aramco and Sonatrach, and how do these compare in magnitude and direction?

Saudi Aramco raised its June official selling prices (OSPs) by $10 per metric ton to $760/ton for propane and by $20/ton to $820/ton for butane — representing increases of 1% and 3%, respectively. In contrast, Sonatrach cut its June propane OSP by $125/ton to $575/ton and butane OSP by $270/ton to $610/ton — declines of 18% and 31%. These moves reflect opposing market dynamics: Aramco’s hikes signal tightening supply or stronger demand in the Asia-Pacific region, for which its OSPs serve as a key benchmark, while Sonatrach’s steep cuts reflect higher supply in the Mediterranean and Black Sea region, including Turkey, where its OSPs are the reference.

Why do Saudi Aramco’s and Sonatrach’s LPG OSPs matter globally, and what regions do they influence?

Saudi Aramco’s LPG OSPs are used as a reference for contracts supplying LPG from the Middle East to the Asia-Pacific region, making them critical pricing benchmarks for one of the world’s largest import markets. Sonatrach’s OSPs serve as benchmarks for the Mediterranean and Black Sea region — including key markets like Turkey — meaning their adjustments directly influence trade terms, contract negotiations, and regional price formation across Southern Europe, North Africa, and parts of Eastern Europe. The divergent June adjustments thus highlight distinct regional supply-demand balances: upward pressure in Asia-Pacific versus oversupply or softer demand in the Mediterranean basin.

Saudi Aramco raises LPG OSPs by up to 3% for June, Sonatrach cuts prices by 18% and 31%

ChemBrief

Saudi Aramco raises LPG OSPs by up to 3% for June, Sonatrach cuts prices by 18% and 31% — ChemBrief Topics

Saudi Aramco raises LPG OSPs by up to 3% for June, Sonatrach cuts prices by 18% and 31%

FAQ