Carbon Monoxide Cost in Saudi Arabia
The chart above illustrates Carbon Monoxide price assessments, in US Dollar per normal cubic meter (USD/Nm3), from May 2022 through May 2023, as described below:
- contract price, exw: Carbon Monoxide, Saudi Arabia, contract price, exw, formula
- cash cost, on-site: Carbon Monoxide, Saudi Arabia, cash cost, formula, on-site (typical consumer facility)
- cash cost, off-site: Carbon Monoxide, Saudi Arabia, cash cost, formula, off-site (large supplier)
The contract price for Carbon Monoxide in Saudi Arabia, calculated on an ex-works basis, reached 0.31 USD/Nm3 in May 2023, representing a decrease of 0.65% compared to April 2023. Throughout the 12-month period, the price of Carbon Monoxide in Saudi Arabia experienced an overall decline of 4%. The operational cash cost for Carbon Monoxide at on-site facilities in Saudi Arabia totaled 0.12 USD/Nm3 in May 2023, marking a 0.84% reduction from the previous month. Over the past year, the on-site cash cost for Carbon Monoxide in Saudi Arabia decreased by 2% in aggregate. The operational cash cost for Carbon Monoxide at off-site supplier locations in Saudi Arabia was 0.10 USD/Nm3 in May 2023, unchanged from April 2023. During the 12-month period, the off-site cash cost for Carbon Monoxide in Saudi Arabia declined by 1% overall.
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.
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About Carbon Monoxide
Carbon monoxide is a utility used as a reactive gas in chemical processes, particularly in the production of synthesis gas (syngas) and as a feedstock for producing chemicals like acetic acid and methanol. It is also employed in metallurgical processes for its reducing properties.