Fatty acids and Natural gas
Their prices have moved together.
Fatty acids (chemical) and Natural gas (energy): 1 relationship.
How they are linked
1. Price link: energy cost
Cost and price · Strong · Both ways
Fat splitting runs at high temperature and pressure and distillation needs steam, so fuel is the main cost after oil. The European gas price shows the link over a year, with 12-month changes correlating at 0.63, though monthly moves correlate at only 0.18.
- 0.18 monthly change correlation
- 0.63 12-month change correlation
- 0.34 fitted elasticity
Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.