LPG CP Watch: July Propane and Butane References Move Lower
July 10, 2026
Market brief: Saudi Aramco cut July LPG official selling prices, with reported propane and butane references moving lower as global supply conditions improved.
Why it matters: LPG buyers should separate the headline CP direction from delivered cargo economics. Freight, origin, propane/butane ratio, delivery term and payment structure can still materially change the real landed cost.
Watch points: Propane/butane spread, mixed LPG ratio, regional demand, shipping cost and monthly CP reset expectations.