Ammonia and Carbon dioxide

Their prices have moved together.

Ammonia (chemical) and Carbon dioxide (chemical): 1 relationship.

How they are linked

1. Price link: by-product source

Cost and price · Weak · Both ways

Ammonia plants are a main CO2 source, so when high gas prices close them, as in Europe in 2022, CO2 gets scarce and dearer. The two can move in opposite directions: -0.09 monthly and -0.40 over the last five years.

• -0.09 monthly change correlation
• 0.11 12-month change correlation
• 0.76 fitted elasticity

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