Ammonia and Phosphoric acid

Their prices have moved together.

Ammonia (chemical) and Phosphoric acid (chemical): 1 relationship.

How they are linked

1. Price link: co-input

Cost and price · Strong · Both ways

Ammonia is combined with phosphoric acid to make DAP and MAP, so both are priced off the same fertiliser cycle. The ammonia proxy is a US nitrogen fertiliser index; monthly moves correlate at 0.39 and yearly moves at 0.83.

• 0.39 monthly change correlation
• 0.83 12-month change correlation
• 0.93 fitted elasticity

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