Home Commodities

Local petrol prices slump by VND400 per litre

Jul 6th at 16:45
06-07-2017 16:45:35+07:00

Local petrol prices slump by VND400 per litre

The domestic retail prices of RON 92 petrol and bio-fuel E5 dropped VND435 and VND431 per litre, from 5pm on Wednesday.

 

Prices of diesel 0.05S, kerosene and mazut, meanwhile, rose by VND122, VND285 and VND110 per litre, respectively, following a joint decision by the Ministry of Industry and Trade and the Ministry of Finance.

Under the joint decision by the ministries, RON 92 and E5 petrol is sold at a maximum prices of VND16,069 (71 US cents) and VND15,918 VND (70 US cents) per litre respectively, while the new ceiling price of diesel 0.05S and kerosene are VND12,957 (57 US cents) and VND11,665 (51 US cents) per litre. The new price of mazut is VND10,776 (47 US cents).

The average global price of RON 92 during the last 15 days until July 5 was nearly $55.96 per barrel, down $2.16 compared with the previous price adjustment.

The prices of petrol and oil are adjusted every 15 days by the two ministries depending on the changes in the world market.

bizhub

MOST READ

NEWS SAME CATEGORY

Vietnam ministry insists on exorbitant ‘environmental protection’ tax on fuel
COMMODITIES Jul 5th at 20:44

Vietnam ministry insists on exorbitant ‘environmental protection’ tax on fuel

Vietnam’s Ministry of Finance has reaffirmed its stance that the ‘environmental protection’ tax on fuel should be capped at VND8,000 a liter, apparently turning a...

Fresh Vietnamese lychees to enter Thai market
COMMODITIES Jul 5th at 18:48

Fresh Vietnamese lychees to enter Thai market

The Central Group Viet Nam has shipped the first batch of fresh thieu lychees to Thailand from the northern province of Bac Giang’s Luc Ngan District.

Vietnam sees growing potential for chicken export
COMMODITIES Jul 3rd at 10:24

Vietnam sees growing potential for chicken export

Following several years of hardship, Vietnamese chicken is set to be exported to Japan in a couple of days and is expected to enter the European market in the near...

Pork without traceable origin to be barred from Ho Chi Minh City markets
COMMODITIES Jul 3rd at 10:22

Pork without traceable origin to be barred from Ho Chi Minh City markets

Ho Chi Minh City is looking to ban all pork without origin traceability from its markets, starting at the end of this month, a move expected to improve the...

Australian ban on VN prawns ends this week
COMMODITIES Jul 3rd at 10:12

Australian ban on VN prawns ends this week

The Australian Department of Agriculture and Water Resource announced that the import suspension on uncooked prawns would lapse on July 6, 2017.

Viet Nam’s fertiliser imports surge in H1
COMMODITIES Jun 30th at 09:26

Viet Nam’s fertiliser imports surge in H1

Viet Nam spent US$628 million on importing 2.34 million tonnes of fertiliser in the first half of this year, surging 24 per cent in volume and 18 per cent in value...

Vietnamese dragon fruit exported to 40 markets
COMMODITIES Jun 29th at 14:14

Vietnamese dragon fruit exported to 40 markets

Vietnamese dragon fruit is being exported to 40 countries and territories, such as China, Thailand and Indonesia, according to the Ministry of Agriculture and Rural...

US initiates anti-dumping investigation on VN’s polyester
COMMODITIES Jun 27th at 15:41

US initiates anti-dumping investigation on VN’s polyester

The US Department of Commerce (DOC) last week announced the initiation of anti-dumping and countervailing duty investigations on the import of fine denier polyester...

Bac Giang litchi sees good sales
COMMODITIES Jun 26th at 16:11

Bac Giang litchi sees good sales

The northern province of Bac Giang has sold at least 39,451 tonnes of litchi, equivalent to 40 per cent of its total produce, a local official said on Friday.

Ornamental fish export revenue up
COMMODITIES Jun 26th at 10:21

Ornamental fish export revenue up

HCM City earned more than US$11.5 million from exporting 9.3 million ornamental fish in the first half of the year, a rise of 25 per cent in output and a surge of...

Read More

Commodity prices

MOST READ

Back To Top