# Hydrogen and hydrogen carriers and Toluene

Their prices have moved together.

Source page: https://www.materialinsights.org/links/hydrogen-and-hydrogen-carriers-and-toluene/

[Hydrogen and hydrogen carriers](https://www.materialinsights.org/energy/e_h2_transport/) (energy) and [Toluene](https://www.materialinsights.org/chemicals/toluene/) (chemical): 1 relationship.

## How they are linked

### 1. Price link: liquid organic carrier

*Cost and price · Weak · Both ways*

Some projects bond hydrogen to toluene to form methylcyclohexane, a liquid that ships like oil, and release it at the destination. The petrochemicals proxy shows at most a weak, negative link to the hydrogen index, with monthly moves at -0.20, as the markets are separate.

- **-0.20** monthly change correlation
- **-0.05** 12-month change correlation
- **-0.01** fitted elasticity

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