Home Business Cooking gas prices drop in Vietnam as global demand eases

Cooking gas prices drop in Vietnam as global demand eases

by swotverge

By Trung Tin &nbspMarch 1, 2023 | 10:29 pm PT

An individual carries a 12-kg cooking fuel cylinder in Ho Chi Minh Metropolis in June 2022. Picture by VnExpress/Quynh Tran

Cooking fuel costs have fallen by VND16,000 (68 cents) to VND461,000 for a 12-kg cylinder in Ho Chi Minh Metropolis and different southern localities as world costs declined.

Saigon Petro Co. introduced the minimize Wednesday after world suppliers introduced down common costs by $60 to $730 per ton for March.

The value of a 12-kg cylinder had shot up by VND62,000 in February when gas demand spiked in lots of Northeast Asian and European international locations as a consequence of chilly climate, inflicting world costs to rise, the corporate stated.

This month, with the climate turning hotter, fuel demand for and costs are down.

In April 2022 the value of a cylinder exceeded VND500,000 for the primary time.

Retail costs observe world developments since home provide solely meets 60% of demand.

Source link

Denial of responsibility! This post is auto generated. In each article, the hyperlink to the primary source is specified. All Materials and trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your articles, please contact us by email – swotverge@gmail.com. The content will be deleted within 8 hours. (maybe within Minutes)
Also Read  Sea Ranch locals demand Sonoma County officials reopen beach

Related Articles