Ammonium nitrate and Coal mining

Their prices have moved together.

Ammonium nitrate (chemical) and Coal mining (energy): 1 relationship.

How they are linked

1. Price link: mining input

Cost and price · Moderate · Both ways

Most surface coal mines blast overburden with ammonium nitrate explosives. The US fertiliser and coal mining indices show almost no monthly link (0.08) but a moderate yearly one (0.44), partly through the shared gas and energy cycle.

• 0.08 monthly change correlation
• 0.44 12-month change correlation
• 0.60 fitted elasticity

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