Steam Cost in Philippines
The chart above illustrates Steam cost assessments, in US Dollar per metric ton (USD/mt), from May 2022 through May 2023, as described below:
- Steam, MP, cash cost, on-site: Steam, Medium Pressure, Philippines, cash cost, formula, on-site (typical consumer facility)
- Steam, MP, contract price, exw: Steam, Medium Pressure, Philippines, contract price, exw, formula
- Steam, HP, cash cost, on-site: Steam, High Pressure, Philippines, cash cost, formula, on-site (typical consumer facility)
- Steam, HP, contract price, exw: Steam, High Pressure, Philippines, contract price, exw, formula
In May 2023, the cash cost for Medium Pressure Steam delivered on-site in Philippines stood at 16.40 USD per metric ton, representing a 6% decrease compared to April 2023. Throughout the 12-month period ending in May 2023, on-site cash costs for Medium Pressure Steam in Philippines declined by 39% overall. The contract price for Medium Pressure Steam on an ex-works basis in Philippines reached 14.90 USD per metric ton in May 2023, showing a marginal 1% increase from the previous month. Over the preceding year, Medium Pressure Steam contract prices in Philippines fell by 42%. Medium Pressure Steam delivered on-site in Philippines was priced at 17.80 USD per metric ton in May 2023 on a cash cost basis, marking a 2% rise from April 2023. The 12-month cumulative change for High Pressure Steam on-site cash costs in Philippines totaled a 39% decrease. High Pressure Steam quoted on an ex-works basis in Philippines was valued at 16.20 USD per metric ton in May 2023, up 1% from April 2023. The year-over-year change in High Pressure Steam contract prices in Philippines amounted to a 42% decline.
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 Steam
Steam is a versatile utility widely used in process industries for heating, power generation, and driving mechanical equipment. It serves as a key energy source, transferring heat to various processes and driving turbines and compressors.