Product
Syngas Price Trend and Forecast
Syngas Price Trend and Forecast
Regional Price Overview
Get the latest insights on price movement and trend analysis of Syngas in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
For the First Half of 2022
Syngas is produced in-situ in coal refineries when coal is blown through with oxygen and stream. Hence the operating costs of refineries and coal prices impacted the price trends for syngas. The continuing Russia-Ukraine conflict triggered high-cost inflation worldwide. The soaring crude oil and natural gas prices caused the operating costs of industries/refineries to surge.
The absence of precious cargoes from the black sea and Baltic region exposed the market vulnerabilities. The price of coal surged owing to enhanced freight costs and journey time averaging 1990 RMB/ton in the Chinese market. Also, the increased demand for carbon monoxide in the colder region for domestic and industrial heating further affected the prices of syngas.
Procurement Resource provides latest prices of Syngas. 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.
About
Syngas or synthetic gas is a fuel gas containing a mixture of water, carbon dioxide and carbon monoxide in varying ratios. It is the precursor of many fuel alternatives such as methanol, synthesized gasoline, and diesel. It is combustible in nature and was widely used as fuel during WW2 when the gasoline supply was limited. Syngas helps remove contaminants and produce essential building blocks like ammonia, methanol, etc.
Product Details
| Report Features | Details |
| Product Name | Syngas |
| Industrial Uses | Fuel Alternatives, Ammonia Production, Chemical Substrates |
| Chemical Formula | CO + H2 (mixture) |
| Synonyms | Synthetic Gas, Water Gas |
| Supplier Database | Air Liquide S.A, Linde plc, Air Products and Chemicals, Inc., The Chiyoda Corporation, Syngas Energy Holdings LLC |
| 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 Processes
- Production of Syngas from Coal; from Vacuum Residue; from Fuel Oil; from Wood; from Methane; from Natural Gas
In the process using coal, the coal is blown through oxygen and steam while being heated. It is essential that the oxidizer supplied is insufficient for the complete oxidizing of the fuel. The reaction produces a gaseous mixture of carbon dioxide, carbon monoxide and water vapours. This reaction is often carried out in-situ within natural coal seams and in coal refineries.
Methodology
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).
Table Of Contents
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