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KARACHI, April 30: The international price of liquefied petroleum gas (LPG) has jumped by $96 to record high at $980 per ton for May 2011, raising its import price by Rs9,043 to Rs97,560 per ton, the highest ever in country’s history.
This was stated by the chairman of FPCCI Standing Committee on LPG and All-Pakistan LPG Distributors Association Abdul Hadi Khan here on Saturday.
He said that the Saudi Armco Contract Price has surged to $980 per ton for May 2011 due to disturbed political situation in the Middle East. The price of propane has jumped by $70 per ton while butane is up by $105 per ton, he added.—APP
