Cooling Water Cost in Singapore
The chart above illustrates Cooling Water cost assessments, in US Dollar Cent per cubic meter (USD cent/m3), from May 2022 through May 2023, as described below:
- cash cost, on-site: Cooling Water, Singapore, cash cost, formula, on-site (typical consumer facility)
- contract price, exw: Cooling Water, Singapore, contract price, exw, formula
- cash cost, off-site: Cooling Water, Singapore, cash cost, formula, off-site (large supplier)
In May 2023, the on-site cash cost for Cooling Water supplied to Singapore was 8.14 USD cent per cubic meter, representing a slight decrease of 0.85% compared to April 2023. Looking at the broader trend, Cooling Water on-site costs have declined by 15.01% over the past year. The ex-works contract price for Cooling Water in Singapore reached 6.66 USD cent per cubic meter in May 2023, down 0.75% from the previous month. Throughout the 12-month period, this contract pricing has experienced a cumulative decline of 17.13%. As of May 2023, large suppliers offering off-site Cooling Water in Singapore charged 5.71 USD cent per cubic meter, marking a 0.51% decrease from April 2023. The annual trend shows off-site cooling water costs have fallen by 19.15% over the past year.
The figures shown are illustrative and represent a historical sample from Intratec Industry Economics & Competitiveness. For up-to-date monthly competitiveness benchmarks and industrial cost data across 33 countries, subscribe to Intratec Industry Economics & Competitiveness.
Other Utility Costs
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About Cooling Water
Cooling water is a fundamental utility used to dissipate heat from industrial processes. It circulates through heat exchangers and other cooling systems, absorbing heat from equipment and processes. The heated water is then cooled, often through evaporation in cooling towers, before being recirculated.