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Carbon Monoxide Price Trend and Forecast

Regional Price Overview

Get the latest insights on price movement and trend analysis of Carbon Monoxide in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

For the First Half of 2022

Carbon monoxide is obtained via the partial combustion of hydrocarbon, mainly from crude oil and natural gas. The oil and gas prices surged globally due to the Russian invasion of Ukraine, causing the upstream costs to rise. Carbon monoxide price trends are heavily influenced by the upstream feedstock costs rather than the demand side.

The demand for carbon monoxide remained strong in the colder regions due to industrial and domestic heating. With the European embargo on Russian oil and western sanctions, the oil prices reached unprecedented levels owing to trade bottlenecks and disrupted supply chains.

Hence, the prices of carbon monoxide remained afloat globally during the first half of the year. However, towards the end of June, the prices began to stabilize due to the relaxation in crude oil and natural gas prices.

Procurement Resource provides latest prices of Carbon Monoxide. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.

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Carbon monoxide is an odorless, colorless gas formed by the incomplete combustion of fuels. Carbon monoxide consists of one carbon atom and one oxygen atom connected by a triple bond. There are several environmental and biological sources that generate and emit a significant amount of carbon monoxide.

When people are exposed to CO gas, the CO molecules displace the oxygen in their bodies and lead to poisoning. Since CO has no odor, color, or taste, it cannot be detected by our senses, which means that dangerous concentrations of the gas can build up, and humans have no way to detect the problem until they become ill. It is also one of the major greenhouse gases responsible for climate change.

Product Details

Report Features Details
Product Name Carbon Monoxide
HS CODE 28112940
CAS Number 630-08-0
Industrial Uses Pharmaceuticals, Metal Industry, Chemicals like methanol, Fragrances, Food and Beverages, Electronics
Chemical Formula CO
Synonyms Carbonic oxide, Carbonous oxide, Carbon(II) oxide
Molecular Weight 28.010 g/mol
Supplier Database Air Liquide, Linde Plc., Sipchem, Messer, American Gas Products, Praxair
Region/Countries Covered Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand

Europe: Germany, France, United Kingdom, Italy,  Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece

North America: United States and Canada

Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru

Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
Currency US$ (Data can also be provided in local currency)
Supplier Database Availability Yes
Customization Scope The report can be customized as per the requirements of  the customer
Post-Sale Analyst Support 360-degree analyst support after report delivery

Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.

Production Process

  • Carbon Monoxide Production from Carbon and Oxygen; from Metal Oxides; from Carbon Dioxide; from Steam and Carbon; from Producer Gas

Via Producer Gas: Producer gas is prepared by simultaneously blowing coke or coal with air and steam. In an oven, the air is passed through a coke bed, and the initially produced carbon dioxide reacts with the remaining hot carbon to produce the desired carbon monoxide.


The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e., government agencies, external trade bodies, and industry publications).

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