Syngas Prices | Historical and Current
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Monitor monthly Syngas price assessments covering 5 locations: United States, Europe, Southeast Asia, China and Middle East. Also check Syngas price history since 2007.
The chart below is a sample of Intratec Primary Commodity Prices. Subscribe and access now current prices of 224 commodities, including Syngas.
Data Legend. The chart above shows Syngas price assessments in USA Dollar per normal cubic meter (USD/Nm3) in 5 locations, as follows:
- Syngas, US (United States): Synthesis Gas, domestic cash cost (formula), exw, United States
- Syngas, EUR (Europe): Synthesis Gas, domestic cash cost (formula), exw, Germany
- Syngas, SEA (Southeast Asia): Synthesis Gas, domestic cash cost (formula), exw, India
- Syngas, CN (China): Synthesis Gas, domestic cash cost (formula), exw, China
- Syngas, MDE (Middle East): Synthesis Gas, domestic cash cost (formula), exw, Saudi Arabia
Data Use. Syngas prices are provided as an annual subscription where subscribers have access to reliable pricing data of 224 commodities worldwide. Intratec's methodology employs a structured big data strategy that utilizes advanced technologies to extract publicly available data from primary sources such as governmental trade records, statistics bureaus, and international agencies. This data is then processed through mathematical models to generate reliable assessments, published at the very beginning of each month. To better understand the data provided check Intratec Primary Commodity Prices Methodology .
Data Delivery Methods. Syngas price assessments are available via different delivery methods: (i) online charts; (ii) directly into Excel (using Intratec Add-in); or (iii) a web API (to facilitate integration with existing workflows).
Intratec Primary Commodity Prices
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Current Monthly Prices
Price History & Forecasts
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Syngas Price Outlook. The price of Syngas (United States) decreased during April 2019 to 0.2 USD per Nm3, which represents a decline of 6% compared to the previous month’s value. On a year-over-year basis, the prices of Syngas (United States) increased modestly by 2%. Meanwhile, the average price of Syngas (China) did not change, from 0.1 USD per Nm3 one year earlier. On a month-over-month basis, the price of Syngas (China) is 1% higher than the price one month before.
The price of Syngas (Southeast Asia) declined slightly throughout April 2019, reaching 0.1 USD per Nm3. The price is 0.8% lower than the average price in the previous month and 20% lower than the average price one year before. In contrast, the prices of Syngas (Middle East) increased modestly during April 2019, reaching 0.1 USD per Nm3, which means a rise of 0.6% from the previous month’s price and a rise of 1% from the previous year’s price.
The prices of Syngas (Europe) experienced a significant decline of 0.02 USD per Nm3 from the prior month's price, to 0.3 USD per Nm3. Such price movement meant a decrease of 8% on a monthly basis and a decrease of 6% on a yearly basis.
About Syngas. Syngas (a.k.a. Synthesis Gas) is composed primarily of carbon monoxide, carbon dioxide, and hydrogen. It is a combustible gas used as a fuel source or as an intermediate for chemicals production. Syngas may be produced from several carbon sources, either fossil feedstocks (e.g. coal, petroleum or natural gas) or renewable feedstocks (e.g. biomass, wood). This gas can be produced on industrial scale via different routes, including steam methane reforming, partial oxidation, and dry reforming; its composition varies significantly according to the process technology, the feedstock and process operating conditions.
Due to the availability of low-cost feedstock, the Syngas production process mainly used is the steam-reforming of methane-rich natural gas. Such Syngas produced captively is, in turn, mainly used in the manufacture of methanol.
Syngas Handling. Synthesis gas storage is not common, because it is usually fed directly for use. However, it can be stored in underground low and high pressure tanks, in existing pipelines or in underground locations.
Syngas Production. Raw materials and the respective production processes employed in the manufacturing of Syngas are listed below.
- Natural gas + oxygen (SBA process; coproduced with acetylene),
- Naphtha, heavy/natural gas + oxygen (Montecatini autothermic process; coproduced with acetylene),
- Natural gas + oxygen (BASF partial combustion process; coproduced with acetylene),
- Coal/lignite + water + oxygen/air (Winkler coal gasification process),
- Naphtha, heavy/natural gas (ICI desulfurisation/steam reforming process)
Syngas Uses. The uses and applications of Syngas may vary according to its specification. The main forms of Syngas are gaseous mixtures of hydrogen and carbon monoxide with H2:CO molar ratio ranging between 0.6 and 6.5.
The main uses of Synthesis Gas are in the manufacture of ammonia and methanol, feedstocks for a wide range of petrochemicals. It is also used in the production of aldehydes and alcohols via oxo processes. Pure hydrogen derived from Syngas is also employed for hydrotreating steps in refineries. Another significant use of Syngas is in synfuels production.
