Aviation propulsion and Nickel

Aviation propulsion needs nickel; their prices have moved together.

Aviation propulsion (energy) and Nickel (commodity): 2 relationships.

How they are linked

1. Material need

Physical flow · Direct · Nickel → Aviation propulsion

Building or running Aviation propulsion needs nickel.

2. Price link: superalloys

Cost and price · Weak · Both ways

Turbine blades, discs and combustors are made from nickel superalloys. Monthly moves correlate at only 0.15 with nickel, because metal is a small part of an engine's price and makers fix long-term supply deals for alloy.

• 0.15 monthly change correlation
• -0.02 12-month change correlation
• -0.10 fitted elasticity

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