Diamonds and Hydrogen
Their prices have moved together.
Diamonds (commodity) and Hydrogen (chemical): 1 relationship.
How they are linked
1. Price link: lab-grown input
Cost and price · Weak · Both ways
Lab-grown diamonds are grown by chemical vapour deposition from methane in a hydrogen plasma, so hydrogen is a direct input to the main competitor of mined stones. The hydrogen index shows no correlation with gem prices (0.03 monthly).
- 0.03 monthly change correlation
- -0.14 12-month change correlation
- -0.09 fitted elasticity
Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.