Material Insights · Understanding the Material World

Helium and Nitrogen gas

Their prices have moved together.

Helium (commodity) and Nitrogen gas (chemical): 1 relationship.

How they are linked

1. Price link: same suppliers

Cost and price · Strong · Both ways

The same few industrial gas companies sell helium and nitrogen in cylinders and bulk, adding energy and delivery surcharges across their product lists. The two proxy indexes move closely, at 0.79 monthly, 0.83 yearly and 0.90 in the last five years, reflecting shared pricing rather than shared physical supply.

  • 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.