According to records in the afternoon of April 18, the domestic retail gas market continued to experience local fluctuations after the upward adjustment period from the beginning of the month, with uneven adjustments between regions.
In the North, the price level is generally stable. In Hanoi, the price of 12kg gas cylinders is maintained at 629,208 VND, while 48kg cylinders remain unchanged at 2,516,832 VND. In Hai Phong, the price is almost unchanged, with 48kg cylinders at 2,462,400 VND and 12kg cylinders maintaining 619,488 VND, showing that the market is in a state of accumulation with a narrow amplitude.
The Central region recorded stable developments in Da Nang, when the price of 12kg gas cylinders remained at 560,000 VND. Meanwhile, 48kg cylinders continued to remain at 2,179,000 VND after a deep downward adjustment before, reflecting a trend of differentiation between product lines.
In the South, the market continues to maintain a stable state in major cities. In Ho Chi Minh City, the price of a 12kg cylinder is listed at 612,000 VND, and a 48kg cylinder is at 2,444,000 VND, with no new fluctuations recorded. Meanwhile, Can Tho is still the area with the lowest price level, with a 12kg cylinder about 550,000 VND and a 48kg cylinder at 2,200,000 VND, creating a significant difference compared to major consumption centers.
In general, the domestic gas market is moving in a stable direction but differentiated by region, reflecting the impact of transportation costs, supply sources and the specific characteristics of the distribution system in each locality.
Domestic gas prices by brand
Updated on April 17, the domestic retail gas market continued to maintain a stable state at many major brands, not recording fluctuations compared to the previous trading session.
Petrolimex is listing gas prices at 629,208 VND for 12kg cylinders and 2,516,832 VND for 48kg cylinders (industrial type). This price level has not changed compared to April 16, reflecting the sideways trend of the leading brand in the context that the market has not seen new adjustment factors.
Meanwhile, Saigon Petro continues to maintain the same price level with a 12kg cylinder at 654,500 VND and a 45kg cylinder at 2,455,000 VND. This is a higher price group than some other brands, mainly due to differences in distribution systems and logistics costs.
Similarly, Pacific Petro has also not recorded new fluctuations, with the price of a 12kg cylinder at 650,000 VND and a 45kg cylinder reaching 2,408,000 VND. A stable price level for many consecutive sessions shows that the market is in a short-term supply-demand balanced state.
For PV GAS, gas prices continue to be stable but there is a clear differentiation between regions. In Hanoi, the price of a 12kg cylinder is listed at 610.200 VND and a 45kg cylinder is 2,288.250 VND. Meanwhile, in Ho Chi Minh City, the price is significantly higher with a 12kg cylinder at 640.081 VND and a 45kg cylinder reaching 2,400.259 VND, reflecting the difference in transportation costs and the characteristics of the Southern region market.
In general, gas prices between brands are still stable but there is a significant difference according to regions and distribution systems. Closely monitoring price fluctuations according to each brand and area will help consumers and business households be more proactive in spending plans and choosing suitable sources of supply.
