Nitrogen Cost in Singapore
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, Singapore, contract price, exw, formula
- cash cost, on-site: Nitrogen, Singapore, cash cost, formula, on-site (typical consumer facility)
- cash cost, off-site: Nitrogen, Singapore, cash cost, formula, off-site (large supplier)
In June 2023, the contract price on an ex-works basis for Nitrogen Gas in Singapore stood at 11.5 USD cents per normal cubic meter, representing a 1.72% decrease compared to the previous month. Looking at the broader 12-month trend, Nitrogen Gas contract prices in Singapore have experienced an overall decline of 1.72%. As of June 2023, the on-site cash cost for Nitrogen Gas in Singapore was assessed at 10.7 USD cents per normal cubic meter, showing no change from May 2023. Throughout the 12-month period, the on-site cash cost for Nitrogen Gas in Singapore has remained stable with a cumulative change of 0%. The off-site cash cost for Nitrogen Gas supplied by large suppliers in Singapore reached 8.57 USD cents per normal cubic meter in June 2023, with no variation from the previous month. Over the past year, the off-site cash cost for Nitrogen Gas in Singapore has shown no cumulative change at 0%.
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
Nitrogen is one of 10 industrial utilities priced monthly — reference data for cost analysis, project evaluation, and competitiveness studies
10 Utilities Priced Monthly
Steam, hydrogen, oxygen, nitrogen, and 6 other key process utilities.
Forward-Looking Series
Short-term forecasts on selected utilities.
10-Year Monthly History
A decade of monthly data for trend analysis and modeling.
Beyond Utility Costs
Industrial utility costs are part of the Industry Economics & Competitiveness subscription — a monthly program benchmarking commodities manufacturing competitiveness across 33 countries.
33 Key Countries
Country-by-country monthly reports covering major industrial hubs — USA, China, Germany, Japan, Brazil, India, and more.
7 Industries Covered
Industry-specific rankings across olefins, aromatics, alcohols & organic acids, polymers, fertilizers, inorganic chemicals, and metals.
Reference Datasets
Country-level datasets for estimating individual cost items — labor, utility costs, plant construction costs, and location factors.
Monthly Updates
Fresh data every month, always reflecting the most recent period available, with short-term forecasts on selected series.
Frequently Asked Questions
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.