Material Insights · Understanding the Material World

Ammonia and Hydrogen

Their prices have moved together.

Ammonia (chemical) and Hydrogen (chemical): 1 relationship.

How they are linked

1. Price link: main use

Cost and price · Weak · Both ways

Ammonia plants are among the largest users of hydrogen, mostly made on site. The ammonia proxy shows no link: monthly moves correlate at minus 0.07 and yearly moves at minus 0.04.

  • -0.07 monthly change correlation
  • -0.04 12-month change correlation
  • -0.03 fitted elasticity

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