Material Insights · Understanding the Material World

Gas pipelines and city gas and Salt

Their prices have moved together.

Gas pipelines and city gas (energy) and Salt (commodity): 1 relationship.

How they are linked

1. Price link: energy cost

Cost and price · Weak · Both ways

Vacuum-pan evaporated salt, the grade in this index, is made with steam raised by burning natural gas. There is little link, monthly moves at 0.01 and yearly moves at -0.29, since salt makers set prices yearly and fuel is only one cost beside freight and packing.

  • 0.01 monthly change correlation
  • -0.29 12-month change correlation
  • 0.48 fitted elasticity

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