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)
In May 2023, the contract price for Carbon Monoxide sold ex-works in Saudi Arabia reached 0.31 USD per normal cubic meter, representing a slight decline of 0.65% compared to April 2023. Throughout the 12-month period from May 2022 to May 2023, the pricing for Carbon Monoxide in Saudi Arabia showed a cumulative decrease of 3%. The on-site cash cost for Carbon Monoxide in Saudi Arabia during May 2023 was assessed at 0.12 USD per normal cubic meter, down 0.84% from the previous month of April 2023. Over the preceding 12 months, the on-site production costs for Carbon Monoxide in Saudi Arabia experienced a cumulative reduction of 2%. During May 2023, the off-site cash cost for Carbon Monoxide supplied by large suppliers in Saudi Arabia was valued at 0.10 USD per normal cubic meter, unchanged from April 2023. Comparing May 2023 to May 2022, the off-site supply costs for Carbon Monoxide in Saudi Arabia declined by 1% over the 12-month period.
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.