Acrylonitrile and Natural gas

Natural gas is a raw material for acrylonitrile; their prices have moved together.

Acrylonitrile (chemical) and Natural gas (energy): 2 relationships.

How they are linked

1. Feedstock

Physical flow · Direct · Natural gas → Acrylonitrile

Acrylonitrile is made from natural gas: it is one of the raw materials its production routes start from.

2. Price link: ammonia feed

Cost and price · Strong · Both ways

Gas sets the cost of ammonia and, in the US, of the ethane-rich cracker system. European gas moves with the proxy at 0.21 monthly and 0.80 yearly, a weak monthly but strong yearly tie.

• 0.21 monthly change correlation
• 0.80 12-month change correlation
• 0.15 fitted elasticity

Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.