Argon and Energy-intensive industry

Their prices have moved together.

Argon (chemical) and Energy-intensive industry (energy): 1 relationship.

How they are linked

1. Price link: energy cost

Cost and price · Weak · Both ways

Air separation needs a lot of electricity. The proxy is US industrial power; monthly moves correlate at minus 0.01 and yearly moves at 0.29, as long supply contracts delay the pass-through of power costs.

• -0.01 monthly change correlation
• 0.29 12-month change correlation
• -0.03 fitted elasticity

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