Nitrogen Cost in Chile
The chart above illustrates Nitrogen price assessments, in US Dollar Cent per normal cubic meter (USD cent/Nm3), from Jun 2022 through Jun 2023, as described below:
- contract price, exw: Nitrogen, Chile, contract price, exw, formula
- cash cost, on-site: Nitrogen, Chile, cash cost, formula, on-site (typical consumer facility)
- cash cost, off-site: Nitrogen, Chile, cash cost, formula, off-site (large supplier)
The contract price on an ex-works basis for Nitrogen Gas in Chile reached 9.32 USD cent per normal cubic meter in June 2023, representing a slight decrease of 0.54% compared to the previous month. Throughout the 12-month period, Nitrogen Gas contract prices in Chile demonstrated an overall increase of 7.60%. The cash cost for on-site Nitrogen Gas production in Chile was 7.71 USD cent per normal cubic meter in June 2023, declining by 1.51% from May 2023. Over the past year, the on-site cash costs for Nitrogen Gas in Chile showed a cumulative rise of 14.06%. The cash cost for off-site Nitrogen Gas supply in Chile stood at 6.29 USD cent per normal cubic meter in June 2023, down 1.26% from the previous month. Across the 12-month period, off-site cash costs for Nitrogen Gas in Chile increased by a cumulative 14.36%.
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 Nitrogen
Nitrogen, as a utility, is primarily used for inerting and blanketing in process industries. It prevents oxidation, reduces fire and explosion risks, and preserves product quality by displacing oxygen and moisture in sensitive environments.