Oxygen Cost in Thailand
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, Thailand, contract price, exw, formula
- cash cost, on-site: Oxygen, Thailand, cash cost, formula, on-site (typical consumer facility)
- cash cost, off-site: Oxygen, Thailand, cash cost, formula, off-site (large supplier)
In May 2023, Oxygen contract pricing at the point of sale in Thailand reached 10.10 USD cents per normal cubic meter, representing a decline of 12.17% compared to April 2023. Throughout the twelve-month period, Oxygen contract prices in Thailand experienced an overall decrease of 3%. As of May 2023, the operational cash expenses for on-site Oxygen production in Thailand totaled 5.69 USD cents per normal cubic meter, marking a reduction of 14.88% from the previous month. During the past year, on-site Oxygen production costs in Thailand showed a cumulative decline of 5%. In May 2023, the operational cash expenses for off-site Oxygen supply from large suppliers in Thailand amounted to 5.24 USD cents per normal cubic meter, reflecting a decrease of 15.53% month-over-month. Over the preceding twelve months, off-site Oxygen supply costs in Thailand decreased by a total of 5%.
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 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.