Less butane supply would impose limited impacts on the market, the importer believed, adding Saudi Aramco's butane exports were about 200,000mt per month on average.
The decline was lower than 25% of drop in October while flat with in September, which would somewhat ease the concerns about supply tightness, traders said.
Saudi Aramco is a major LPG exporter in the Middle East, exporting 9.4-mil mt in 2009, most of which were supplied to contracted customers. The company usually releases loading plan for the next month in the middle of the current month after receiving purchase plans from contracted customers at the beginning of the month.
China ChemNet will hold China SNG/CBM (International) Summit on 10-12 Nov, 2010 in Changji City of Xinjiang Province. This summit is the high-end international summit under the guidance of authorities and experts, conference topics include five major aspects of policy interpretation, industry research, business promotion, business meetings and Sino-foreign cooperation, is not only the new type coal chemical industry conference, but also the best opportunity to energy giant polymerization, government and enterprises investment, investors looking for the project. Sincerely welcome you to attend the summit. Details: http://news.chemnet.com/list/zt/meeting/2010energy/index.html
