The price of gasoline in Mon State has risen again since the first week of January.
The following table shows the rapid rise in prices: Source Mawlamyine Commodity Exchange
Fuel type | Dec 30 | Week 1 -Jan | Week 2 Jan |
Octane 95 | 1, 525 Kyat | 1,555 Kyat | 1,645 Kyat |
Octane 92 | 1,425 Kyat | 1,460 Kyat | 1,545 Kyat |
Diesel | 1,415 Kyat | 1,535 Kyat | 1,555 Kyat |
Premium Diesel | 1,530 Kyat | 1,550 Kyat | 1,570 Kyat |
These prices are a stark rise compared to January 2021
Fuel type | 4rth week Jan 2021 |
Octane 95 | 680 Kyat |
Octane 92 | 730 Kyat |
Diesel | 650 Kyat |
Premium Diesel | 770 Kyat |
“After the coup, the price of gasoline went up and the price of gold went up. The rising prices for gasoline affected everything. Also the cost for electricity is also increasing. Our business has to make do with a generator. As oil prices rise, nothing is working out. The cost is getting higher and higher,” said a baker in Mawlamyine Township.
A three-wheeler taxi driver from Mawlamyine Township said, “even if we pay 3,000 kyats for fuel, we do not get much. In the past, the highest price paid was just a little over 1,000 kyats. Now it is roughly 1,600. It is not convenient. It rises more than it falls.” He added that it was difficult for the taxi industry, because passenger freight rates don’t increase to account for rising fuel costs.