Material Insights · Understanding the Material World

Caustic soda and Nickel-based batteries

Their prices have moved together.

Caustic soda (chemical) and Nickel-based batteries (energy): 1 relationship.

How they are linked

1. Price link: electrolyte process

Cost and price · Moderate · Both ways

Potassium hydroxide is made in chlor-alkali cells, the same process that makes caustic soda. The alkalies proxy shows no monthly link to the battery proxy, at -0.03, with yearly moves at 0.36.

  • -0.03 monthly change correlation
  • 0.36 12-month change correlation
  • 0.72 fitted elasticity

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