Decrease in cost of domestic cooking gas

Cooking gas drops by VND10,000 per 12 kilogram cylinder on March 9. (Photo: SGGP)

Gas companies on March 9 announced a decrease of VND10,000 on a 12 kilogram domestic cooking gas cylinder, after consumption dropped in the domestic market and with a drop of US$60 per tonne in the global market.

Accordingly, the retail price of a 12 kilogram domestic cooking gas cylinder will be around VND465,000-470,000, depending on the brand.

According to gas companies, domestic consumption had dropped by 30-40 per cent because of sudden hike in prices, and was feared to drop even further.

By Th.Tuyet – Translated by Thuy Doan

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