Gas retailers in HCMC yesterday announced a price reduction of about VND4,500 a 12 kilogram cylinder from today March 1.
|March retail gas price reduces VND4,500 a 12 kilogram cylinder over February (Photo: SGGP)|
The retail price now approximates VND336,000 a cylinder.
Explaining the cut, the businesses said that the average contract price in the world market in March was expected to reduce to US$540 a ton, down $15 over February.
Some businesses in HCMC such as CP announced their official price from March 1 of VND335,500 a cylinder on the same day.