# Ammonia, methanol and e-fuels and Natural gas

Their prices have moved together.

Source page: https://www.materialinsights.org/links/ammonia-methanol-and-e-fuels-and-natural-gas/

[Ammonia, methanol and e-fuels](https://www.materialinsights.org/energy/e_efuels_store/) (energy) and [Natural gas](https://www.materialinsights.org/energy/natural_gas/) (energy): 1 relationship.

## How they are linked

### 1. Price link: feedstock

*Cost and price · Strong · Both ways*

Grey ammonia and methanol are made from natural gas, which is most of their cost. The fertiliser proxy tracks European gas at 0.78 for yearly moves, though only 0.13 for monthly moves, with gas leading by about a month.

- **0.13** monthly change correlation
- **0.78** 12-month change correlation
- **0.36** fitted elasticity

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