Saudi Aramco Lifts September LPG Prices

Saudi Aramco has raised its official selling prices (OSPs) for propane and butane for September, with increases ranging from about 1 percent to 3 percent, driven by stronger demand for petrochemical feedstock and tighter market conditions.

The propane OSP was set at $625 per metric ton for September, a rise of $5 per metric ton from August. The butane price moved higher to $660 per metric ton, up $20 per metric ton month on month. In percentage terms, propane climbed roughly 1 percent while butane advanced about 3 percent.

Why the increase

The higher prices reflect firmer global demand for liquefied petroleum gas (LPG) as a feedstock in the petrochemical industry, alongside a market that has grown tighter. LPG official selling prices are reviewed and published monthly and serve as a benchmark for contracts across Asia and other regions.

It is important to note that this is a wholesale contract price update for LPG. It is not linked to any Saudi resident service, retail fee, permit process, or public-service channel, and it does not change household or consumer procedures inside the Kingdom.

For the wider market, the monthly OSP adjustments are closely watched by petrochemical producers and LPG importers, as they influence input costs and downstream pricing across the region.

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