Carbon Monoxide Cost in Colombia
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, Colombia, contract price, exw, formula
- cash cost, on-site: Carbon Monoxide, Colombia, cash cost, formula, on-site (typical consumer facility)
- cash cost, off-site: Carbon Monoxide, Colombia, cash cost, formula, off-site (large supplier)
In May 2023, the contract price on an ex-works basis for Carbon Monoxide in Colombia stood at 0.39 USD per normal cubic meter, representing a decrease of 2.48% compared to April 2023. Looking at the broader picture, Carbon Monoxide prices in Colombia have increased by 8% over the twelve-month period from May 2022 to May 2023. As of May 2023, the cash cost for on-site production of Carbon Monoxide in Colombia reached 0.25 USD per normal cubic meter, marking a 4.31% decline from the previous month in April 2023. Throughout the past year, the on-site cash costs for Carbon Monoxide in Colombia have climbed by 20% when compared to May 2022. In May 2023, the cash cost for off-site supply of Carbon Monoxide in Colombia was 0.24 USD per normal cubic meter, down 4.41% from May 2023's preceding month. Over the course of the last twelve months, off-site cash costs for Carbon Monoxide in Colombia have increased by 22% relative to the same period one year prior.
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.