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.