Ammonia and Nitrogen (ammonia)

Nitrogen (ammonia) is a raw material for ammonia; their prices have moved together.

Ammonia (chemical) and Nitrogen (ammonia) (commodity): 2 relationships.

How they are linked

1. Feedstock

Physical flow · Direct · Nitrogen (ammonia) → Ammonia

Ammonia is made from nitrogen (ammonia): it is one of the raw materials its production routes start from.

2. Price link: intermediate

Cost and price · Strong · Both ways

Urea is made by reacting ammonia with carbon dioxide, so the two prices are tied by cost. The proxy is a US nitrogen fertiliser index that covers ammonia; it correlates at 0.27 monthly and 0.82 yearly, with urea tending to lead by about a month.

• 0.27 monthly change correlation
• 0.82 12-month change correlation
• 1.15 fitted elasticity

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