Material Insights · Understanding the Material World

Energy-intensive industry and Oxygen

Their prices have moved together.

Energy-intensive industry (energy) and Oxygen (chemical): 1 relationship.

How they are linked

1. Price link: energy cost

Cost and price · Moderate · Both ways

Electricity is the main cost of separating air. The proxy is US industrial power; monthly moves correlate at 0.05, yearly moves at 0.41, as power costs pass through on contracts.

  • 0.05 monthly change correlation
  • 0.41 12-month change correlation
  • 1.97 fitted elasticity

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