Oxygen Cost in Philippines
The chart above illustrates Oxygen price assessments, in US Dollar Cent per normal cubic meter (USD cent/Nm3), from May 2022 through May 2023, as described below:
- contract price, exw: Oxygen, Philippines, contract price, exw, formula
- cash cost, on-site: Oxygen, Philippines, cash cost, formula, on-site (typical consumer facility)
- cash cost, off-site: Oxygen, Philippines, cash cost, formula, off-site (large supplier)
The contract price on an ex-works basis for Oxygen in Philippines reached 11.2 USD cent per normal cubic meter in May 2023, representing a 4.63% increase compared to April 2023. Throughout the 12-month period, Oxygen prices in Philippines experienced an overall cumulative increase of 12%. The cash cost for on-site production of Oxygen in Philippines was 6.6 USD cent per normal cubic meter in May 2023, marking a 10% rise from the previous month. Over the past year, Oxygen production costs in Philippines at on-site facilities have shown a cumulative increase of 23%. The cash cost for off-site supply of Oxygen in Philippines totaled 6.11 USD cent per normal cubic meter in May 2023, reflecting a 10.91% increase from April 2023. During the preceding 12 months, Oxygen supply costs in Philippines from large suppliers have accumulated a total increase of 26%.
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
Oxygen is one of 10 industrial utilities priced monthly — reference data for cost analysis, project evaluation, and competitiveness studies
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About Oxygen
Oxygen is used as a utility to enhance combustion in industrial furnaces and reactors, improving energy efficiency and increasing production rates. It is also critical in oxidation processes and is often supplied in controlled amounts to meet specific process needs.