Ammonia and Ship propulsion

Their prices have moved together.

Ammonia (chemical) and Ship propulsion (energy): 1 relationship.

How they are linked

1. Price link: future fuel

Cost and price · Weak · Both ways

Ammonia engines are being developed for zero-carbon shipping, potentially making shipping a large ammonia buyer. For now the link is about technology choice; the price series show no real co-movement with the shipbuilding proxy.

• 0.03 monthly change correlation
• 0.15 12-month change correlation
• 0.24 fitted elasticity

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