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Cooking gas canister prices go off the boil

Update: May, 02/2013 - 10:48

The price of cooking gas will be even cheaper this month following an adjustment from retail gas distributors yesterday.— Photo nhandan

HA NOI (VNS)— The price of cooking gas will be even cheaper this month following an adjustment from retail gas distributors yesterday.

The retail price of a 12-kg canister was cut down by VND17,000 (US$0.81) to VND364,000 ($17.33).

This followed an earlier sharp cut in April, when domestic gas distributors slashed the retail price by VND24,000 ($1.14) to around VND381,000 ($18.14) per 12-kg canister.

Do Trung Thanh, deputy sales manager of Sai Gon Petrol, again attributed this decline to a fall on the world market. He said the price of imported gas in May had dropped by $57.5 per tonne against April's price to reach $755 per tonne.

Domestic gas prices have decreased continuously since the beginning of this year, falling VND7,000 per 12-kg canister in January, VND13,000 in February, VND4,000 in March, VND24,000 in April and VND17,000 in May. — VNS



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