Gasoline prices drop, oil prices fluctuate in different directions
In the adjustment session on February 27, the price of E5 RON 92 gasoline decreased compared to the previous adjustment period, priced at VND 20,658/liter (down VND 197/liter). RON 95-III gasoline price decreased compared to the previous adjustment period, priced at VND21,112/liter (down VND219/liter).
Prices of oil products fluctuated in different directions. Of which, diesel 0.05S is priced at VND 18,957/liter (down VND 106/liter); kerosene has a new price of VND 19,335/liter (down VND 178/liter); mazut is priced at VND 17,61/kg (up VND 19/kg).
Also in the operating period on February 27, the operator did not set aside or use the Petroleum Price Stabilization Fund - BOG for all petroleum products. See more...
Green vegetable prices increase sharply in Hai Duong due to prolonged cold rain
In recent days, the cold weather in Hai Duong has caused the price of green vegetables to increase, while the vegetable supply to the market has decreased. At a traditional market in Ngoc Chau ward (Hai Duong city), the prices of all vegetables have increased compared to normal. Some vegetables such as sweet cabbage, water spinach, chrysanthemum cabbage, cabbage, etc. all have significantly higher prices.
Cabbage is priced from 10,000 VND/fruit to 15,000 VND/fruit, cabbage is increased from 14,000 VND/kg to 20,000 VND/kg, water spinach is increased from 10,000 VND/kg to 17,000 VND/kg, water spinach is priced at 10,000 - 15,000 VND/fruit, green onions are priced at 60,000 VND/kg... The prices of herbs and herbs have also increased by about 20%. Many traders predict that if the weather continues to be cold and rainy, the price of green vegetables will increase even more strongly. See more...
Gold prices cool down, investors wait for US inflation data
According to Kitco - gold prices have decreased since Wednesday, after a recent record increase. Investors focus on inflation data expected to be released later this week and the latest developments in US President Donald Trump's tax plan.
The precious metal had previously hit a record high of $2,956.15 an ounce on Monday amid concerns about a trade war following new tax threats.
US gold futures ended the previous session up 0.4%, to $2,930.6/ounce.
On Tuesday, Mr. Trump called for consideration of the possibility of applying a new tax on imports, in order to encourage domestic production. Copper is an important metal for electric vehicles, military equipment, power grids and many consumer goods.
The upward trend in gold is still ongoing... We are not surprised that the market has a period of correction before receiving important data, said David Meger, director of metals trading at High Ridge Futures. See more...
Coffee prices increase
In the domestic market, coffee prices on February 27 increased by VND1,500/kg in most regions. The highest price recorded in Dak Lak, Gia Lai and Dak Nong was 130,500 VND/kg.
Compared to February 26, domestic coffee prices continued to increase due to purchasing demand from exporting enterprises and domestic roasters. With limited supply, many experts believe that domestic coffee prices may continue to stay high in the coming time. See more...
