# Ammonia and LNG chain

Their prices have moved together.

Source page: https://www.materialinsights.org/links/ammonia-and-lng-chain/

[Ammonia](https://www.materialinsights.org/chemicals/ammonia/) (chemical) and [LNG chain](https://www.materialinsights.org/energy/e_lng/) (energy): 1 relationship.

## How they are linked

### 1. Price link: feedstock cost

*Cost and price · Strong · Both ways*

Importers such as India rely on LNG for much of their fertiliser gas, so Asian LNG prices set their production cost. The Japan LNG price, largely oil-indexed, moves with the proxy at 0.22 monthly and 0.78 yearly.

- **0.22** monthly change correlation
- **0.78** 12-month change correlation
- **0.70** fitted elasticity

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