Ammonia and Maize
Their prices have moved together.
Ammonia (chemical) and Maize (commodity): 1 relationship.
How they are linked
1. Price link: demand driver
Cost and price · Strong · Both ways
Maize is the most nitrogen-hungry major crop, so corn prices shape how much fertiliser farmers buy. Maize moves with the proxy at 0.25 monthly and 0.66 yearly. Higher grain prices encourage heavier application the next season.
- 0.25 monthly change correlation
- 0.66 12-month change correlation
- 0.75 fitted elasticity
Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.