Business

Retail gas price reduces from February 1

SGGP
Businesses in HCMC has announced that gas prices reduce by VND20,000 to VND330,000 a 12 kilogram cylinder from February 1.

Gas price reduces VND20,000 a 12 kilogram cylinder from February 1, 2018 (Photo: SGGP)
Gas price reduces VND20,000 a 12 kilogram cylinder from February 1, 2018 (Photo: SGGP)
They said that the price cut was because average contract price in February went down US$65 over the previous month to $515 a ton.
Gas price has decreased after consecutive price increases totaling over VND70,000 a cylinder in the last months of 2017.
By staff writers – Translated by Hai Mien

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