AGA Gas Composite Index

The AGA Gas Composite Index is a benchmark that reflects the current market price for industrial gases, primarily used in operations like welding, medical applications, and manufacturing. Calculated regularly, it represents a weighted average of prices for various common gases, providing industry participants with a transparent reference point. This index helps businesses monitor market trends and make informed decisions about purchasing and pricing. Essentially, it’s a standardized measure that shows the prevailing cost levels for essential industrial gases within the industry.