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KPC announces LNG prices for September

Kuwait Petroleum Corporation (KPC)
Kuwait Petroleum Corporation (KPC)
KUWAIT, Sept 1 (KUNA) -- The Kuwait Petroleum Corporation (KPC) announced on Tuesday the new prices of Liquefied Petroleum Gas products (propane or butane) for this September.
Porpane will be sold at USD 315 per metric ton, down USD 50 compared with that of August when it was sold at USD 365, KPC added in a press release.
Butane will be sold at USD 345 dollars per metric ton, down USD 55 compared to last month as it recorded 400 dollars by then.
Propane and butane prices are affected by the price of crude oil, and the value of the US dollar, along with geopolitical factors and natural disasters.
The two substances are used in the petrochemical industry, cooking, heating and other areas. (end) asj.tb.lb