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.
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