Carbon Monoxide Prices, Trends & Forecasts | Provided by Procurement Resource

Carbon Monoxide is a gaseous compound formed due to the incomplete combustion of fossil fuels such as coal, wood, kerosene, etc. The gas is highly poisonous by nature and is colorless in appearance. It has no taste and no odor. The compound is highly explosive and burns while giving a bright blue flame. It is insoluble in water and has a boiling and melting point measuring around -191.5° C and -205° C, respectively.

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India, the United States, and Vietnam are the top 3 key importers of Carbon Monoxide globally. On the other hand, the key exporting countries include the United States, China, and Germany.

Key Details About the Carbon Monoxide Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Carbon Monoxide price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.

The Carbon Monoxide Price chart, including India Carbon Monoxide price, USA Carbon Monoxide price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

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Industrial Uses Impacting Carbon Monoxide Price Trend:

Carbon Monoxide is used as a reagent in large-scale production of chemicals like aldehydes, hydrogen, and phosgene. The compound is used in the process of purification of nickel. Carbon Monoxide is used as a reducing agent in manufacturing several industrial chemicals. Food packaging industries use Carbon Monoxide for packaging meat to enhance its quality and color throughout its shelf life. It is also involved in acidifying beverages such as jam and soft drinks. In the reduction process, it is also used in metallurgy to remove oxygen from metals to their free state.

Key Players:

  • Air Liquide
  • Linde Plc.
  • Sipchem
  • Messer
  • American Gas Products
  • Praxair

News & Recent Development

  • Date: December 13, 2022– Air Liquide signs off a deal with Kumho Mitsui Chemical (KMCI), providing additional Carbon Monoxide and Hydrogen to its expansion units in South Korea.

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Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.

We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.

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To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.

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