Review of the appropriateness of the current LPG international benchmark in the setting of domestic LPG prices
Allens reviewed the appropriateness of the current international LPG benchmark price for setting automotive LPG wholesale prices in Australia. The report focused on:
- the appropriateness of the Saudi Aramco Contract Prices for propane and butane as the international benchmark price for automotive LPG pricing in Australia
- the variability in domestic LPG prices being negotiated
- the LPG market characteristics and differences with petrol and diesel markets.