Oxygen Cost in India
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, India, contract price, exw, formula
- cash cost, on-site: Oxygen, India, cash cost, formula, on-site (typical consumer facility)
- cash cost, off-site: Oxygen, India, cash cost, formula, off-site (large supplier)
In May 2023, the contract price on an ex-works basis for Oxygen in India stood at 8.11 USD cent per normal cubic meter, representing a slight decrease of 0.12% compared to April 2023. When looking at the broader 12-month trend, Oxygen prices in India have declined by 6% from May 2022 to May 2023. During May 2023, the on-site cash cost for Oxygen in India reached 4.02 USD cent per normal cubic meter, marking a 3.34% increase from the previous month of April 2023. Examining the full year-over-year performance, the on-site cash cost of Oxygen in India has decreased by 3% over the 12-month period. As of May 2023, the off-site cash cost for Oxygen in India was recorded at 3.53 USD cent per normal cubic meter, reflecting a 4.34% rise from April 2023. Over the complete 12-month span, the off-site cash cost of Oxygen in India has shown a 2% decline compared to May 2022.
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.