Electronic specialty gases and Nitrogen gas
Their prices have moved together.
Electronic specialty gases (chemical) and Nitrogen gas (chemical): 1 relationship.
How they are linked
1. Price link: same gas suppliers
Cost and price · Strong · Both ways
Bulk nitrogen and specialty gases are produced and sold by the same few industrial gas companies, which price both on long contracts with inflation and energy clauses. The two indexes move together closely, at 0.79 for monthly moves and 0.83 for yearly moves.
- 0.79 monthly change correlation
- 0.83 12-month change correlation
- 1.42 fitted elasticity
Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.