Nitrogen Gas Price | Current and Forecast
Monitor Nitrogen Gas Prices Worldwide
See monthly Nitrogen prices in 5 locations: US, Europe, China, Middle East, S. America, SE Asia, Africa. Also check Nitrogen price history since 2007 and forecasts. Subscribe now to Intratec Primary Commodity Prices and gain access to current prices of 244 commodities, including Nitrogen.
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Data Legend. The Nitrogen price chart shows the prices in USA Dollar Cent per normal cubic meter (USD cent/Nm3) in 7 locations, as follows:
- US: spot, exw
- Europe: spot, exw, Germany
- China: spot, exw
- Middle East: spot, exw, Saudi Arabia
- S. America: spot, exw, Brazil
- SE Asia: spot, exw, Singapore
- Africa: spot, exw, South Africa
Data Use. Nitrogen prices are provided as an annual subscription where subscribers have access to reliable pricing data of 244 commodities worldwide. To better understand data provided by Intratec Primary Commodity Prices, check the following documents: Price Assessment Basis , Commodities Specifications , Methodology , User Guide , and Glossary .
Price Dynamics. The Nitrogen Gas price in United States decreased during September 2018 to 9.4 USD cent per Nm3, which represents a slight decline of 0.3% compared to the previous month’s value. On a year-over-year basis, Nitrogen Gas prices in United States increased modestly by 4%. Meanwhile, in Germany, the average price of Nitrogen Gas amounted to 12 USD cent per Nm3, from 12 USD cent per Nm3 one year earlier. On a month-over-month basis, the Nitrogen Gas price in Germany is 2% higher than the price one month before.
The price of Nitrogen Gas in China was flat throughout September 2018. The price in China remained the same when compared to the average price in the previous month and 7% lower than the average price one year before. In contrast, Nitrogen Gas prices in Saudi Arabia increased modestly during September 2018, reaching 8.5 USD cent per Nm3, which means a rise of 3% from the previous month’s price and a rise of 2% from the previous year’s price.
The Nitrogen Gas prices in Brazil experienced a modest decline of 0.4 USD cent per Nm3 from the prior month's price, to 15 USD cent per Nm3. Such price movement in Brazil meant a decrease of 3% on a monthly basis and a decrease of 7% on a yearly basis. On the other hand, in September 2018, the Nitrogen Gas price in Singapore was flat when compared against the previous month's price. The September 2018 price in Singapore is 21% higher than the price one year before.
In South Africa, the average price of Nitrogen Gas was 9.2 USD cent per Nm3 on September 2018 – a sharp decrease of 1 USD cent per Nm3, or 12%, compared with the previous month. On a year-over-year basis, the Nitrogen Gas price in South Africa is 3% higher than the price one year before.
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About Nitrogen Gas. Nitrogen (a.k.a. N2) is an inert gas (non-flammable) gas used as a utility in industrial plants. Inert gases basically prevent undesirable chemical reactions from happening. Nitrogen and, to a lesser extent, argon, are the most common inert gases used in the chemical industry, due to their high natural abundance and low relative cost.
Millions of tons of Nitrogen are isolated from atmospheric air every year, through different separation processes according to the production scale and purity required. The production of large quantities of relatively pure Nitrogen is carried out, mostly, through cryogenic distillation. On the other hand, moderate volumes of low purity Nitrogen are commonly produced via pressure swing adsorption and membrane permeation. Finally, hydrocarbon combustion processes are used mainly in heat treatments when there are residual contaminants.
Most of Nitrogen is produced on site, for local consumption (captive Nitrogen), however it may be stored and transported as a gas or liquid, at cryogenic temperatures. High pressure cylinders or cylinder clusters can be used for storage/shipping of small quantities of Nitrogen gas. Liquid Nitrogen, in turn, can be transported/shipped in storage vessels (small quantities) or road and rail tankers (large quantities).
The uses and applications of Nitrogen may vary according to its specification. The main forms of Nitrogen are Low-purity (90 to 99.9%), HIgh-purity (99.998%), Ultra-high purity (99.999%)
Nitrogen is mainly used in metallurgy; as alloy constituent; scavenging and protective gas; and in heat treatment. It is also used as inert gas in shielding and fire fighting, and in food storage and processing.
