Compared with May, gas prices in the market saw a sharp decrease in June due to lower demand during the summer and an average import price drop of 50 USD per ton compared with May.
In line with this trend, retail gas prices for consumers also fell, currently ranging from 280,000 to 300,000 VND per 12-kg cylinder. Although this level is 1.05% higher than in December 2009, it is approximately 8% lower compared with the peak price recorded in March this year.
(Tin Tức 12/7, p.4; Kinh Tế Việt Nam & Thế Giới 12/7, p.17)
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