Oxygen Cost in Singapore
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, Singapore, contract price, exw, formula
- cash cost, on-site: Oxygen, Singapore, cash cost, formula, on-site (typical consumer facility)
- cash cost, off-site: Oxygen, Singapore, cash cost, formula, off-site (large supplier)
Oxygen contract pricing at ex-works point in Singapore reached 14.70 USD cent per normal cubic meter during May 2023, representing a 1% decrease compared to April 2023. Throughout the twelve-month period, Oxygen contract prices at ex-works point in Singapore experienced an overall decline of 1%. Oxygen operational expenses for on-site production facilities in Singapore totaled 10.70 USD cent per normal cubic meter in May 2023, showing no change from the previous month of April 2023. During the past year, Oxygen on-site operational costs in Singapore showed a marginal increase of 1%. Oxygen supply costs from large off-site suppliers in Singapore amounted to 8.18 USD cent per normal cubic meter in May 2023, marking a 1% reduction from April 2023. Over the preceding twelve months, Oxygen off-site supply costs in Singapore remained essentially flat with a 0% cumulative change.
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.