Gas price drops VND17,000 a 12kg cylinder

SGGP
Gas price started reducing VND1,717 a kilogram, equivalent to VND17,000 a 12kg cylinder to approximate VND368,000-370,000 a cylinder, announced gas businesses in HCMC yesterday.

Gas price drops VND17,000 a 12kg cylinder

According to wholesale businesses, the contract price of gas averages US$525 a ton in February, down $52.5 a ton compared to January so the retail price of gas in the market was also reduced.
The price reduced after consecutively increasing for several months, reaching VND406,000 a 12kg cylinder in Tet holiday. It is expected to further reduce in the upcoming time if supply is abundant as present.

By Lac Phong – Translated by Phuong Ho

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