# Electronic specialty gases and Nitrogen gas

Their prices have moved together.

Source page: https://www.materialinsights.org/links/electronic-specialty-gases-and-nitrogen-gas/

[Electronic specialty gases](https://www.materialinsights.org/chemicals/electronic_gases/) (chemical) and [Nitrogen gas](https://www.materialinsights.org/chemicals/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.