Carbon Monoxide Price Trend Analysis 2026: Price Drivers, Latest News, Historical Prices, Supply Demand Analysis & Market Insights

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Written ByUdeesha Tomar

Procurement Resource Database

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The Asian market for Carbon Monoxide experienced varied conditions during the fourth quarter, shaped by production economics and downstream consumption patterns. Feedstock coking coal prices remained relatively stable, providing consistent cost support for carbon monoxide production operations. However, market dynamics reflected broader shifts in industrial demand across key consuming sectors. Demand from chemical synthesis applications, particularly acetic acid and methanol production, displayed mixed signals as producers adjusted output in response to end-product market conditions. Metallurgical applications faced headwinds as steel industry challenges in China reduced consumption requirements for carbon monoxide in ironmaking and reduction processes. The weakened steel sector's diminished activity created sustained pressure on industrial gas demand throughout the quarter.

Chemical manufacturers showed selective purchasing behaviour, with some facilities optimizing production schedules based on downstream product margins. Carbonyl compound producers maintained steady consumption levels, though overall industrial activity remained cautious. Trade activity reflected the divergent consumption trends, with suppliers adjusting delivery volumes based on sector-specific requirements.

About Carbon Monoxide

Carbon monoxide is an odorless and 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.

Carbon Monoxide Product Detail

Hs Code
28112940
Chemical Formula

CO

Cas Number
630-08-0
Molecular Weight
28.010 g/mol
Industrial Uses

Pharmaceuticals, Metal Industry, Chemicals like methanol, Fragrances, Food and Beverages, Electronics

Synonyms

Carbonic oxide, Carbonous oxide, Carbon(II) oxide

Supplier Database

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

Regional Coverage

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

CurrencyUS$ (Data can also be provided in local currency)

Supplier Database AvailabilityYes

Customization ScopeThe report can be customized as per the requirements of the customer

Post-Sale Analyst Support360-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.

Carbon Monoxide 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.

About the Author

Udeesha Tomar profile photo

Udeesha Tomar

AVP - Strategy and Solutions

Leading procurement research solutions across chemicals, materials, and food & beverages, with expertise in price forecasting and market analytics.

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