Oxygen Price Chart & Market Analysis 2026

Oxygen Price Information

Newest Price 121.13

Price Date 20260328

Day's Change 0

Day's Range 121.13 - 121.13

Month's Change 0

Month's Range 0 - 0

Year's Change +119.57

Year's Range 119.57 - 0

Opinions

What does India's 2021 medical oxygen crisis reveal about oxygen supply chain vulnerabilities?

This case underscores the importance of demand forecasting and flexible supply contracts. Industrial gas suppliers in China often operate at high utilization, leaving little spare capacity for emergencies. Buyers should consider backup agreements with multiple suppliers and maintain on-site storage to buffer against sudden demand spikes or logistical disruptions.

How does oxygen supply reliability in space stations reflect on industrial gas logistics on Earth?

The space analogy also highlights purity and safety standards. Medical and electronics-grade oxygen require stringent impurity control, which adds cost beyond mere generation. Buyers should evaluate total cost of ownership, including storage, vaporization, and distribution losses, not just the per-tonne price. In China, where industrial gas networks are dense, pipeline supply often beats cylinder logistics for large users.

How do atmospheric oxygen levels affect industrial gas pricing and long-term supply?

Another angle: the oxygen market is highly regional due to high transport costs for gas. Liquefaction and cryogenic tankers allow longer hauls, but prices still vary significantly across Chinese provinces. Buyers near large steel or chemical complexes often benefit from lower prices due to merchant gas byproduct supply, whereas remote areas face premiums.

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Overview

Oxygen (O₂, CAS 7782-44-7) is a colourless, odourless, highly reactive gas that condenses to a pale blue liquid at −183°C. It is essential for respiration and combustion, and is a core industrial gas produced on a massive scale.

Industrial: used in steelmaking for high-furnace enrichment to lower coke ratios and production costs, as well as in chemical processing and wastewater treatment.
Medical: supplied as high-purity oxygen for respiratory support and hospital use, with demand surging during public health emergencies.
Aerospace & life support: generated aboard space stations via water electrolysis, with carbon dioxide recycled through Sabatier reactors to close the oxygen loop.
Environmental: plays a central role in atmospheric chemistry, including ozone layer formation and the global oxygen cycle driven by photosynthesis.

China produces oxygen mainly via cryogenic air separation for large-scale industrial and medical supply, and vacuum pressure swing adsorption (VPSA) for lower-cost, on-site blast-furnace enrichment. Major producers are expanding capacity, with notable projects in steel-plant integration and large standalone air separation units.

Key domestic producers:
Hangyang Co. – leading air separation equipment maker and gas operator.
Linde Gas (Jiaxing) – operating a large air separation project producing oxygen, nitrogen, and argon.
PKU Pioneer – supplier of VPSA oxygen units for steel industry applications.

Properties

Name

Oxygen

1-(5-O-phosphono-beta-D-ribofuranosyl)-1H-imidazol-5-amine

AIR

Air, refrigerated liquid (cryogenic liquid).

AUTOMOTIVE STANDARD R99-5

CAS Number

7782-44-7

EINECS No.

231-956-9

Risk Codes

S17;S45;S36/37/39;S26;S61

Safety Description

R8;R52/53;R34;R48/20/22;R37

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Oxygen Price Information

Opinions

What does India's 2021 medical oxygen crisis reveal about oxygen supply chain vulnerabilities?

How does oxygen supply reliability in space stations reflect on industrial gas logistics on Earth?

How do atmospheric oxygen levels affect industrial gas pricing and long-term supply?

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