# Hydrogen and Methanol

Their prices have moved together.

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

[Hydrogen](https://www.materialinsights.org/chemicals/hydrogen/) (chemical) and [Methanol](https://www.materialinsights.org/chemicals/methanol/) (chemical): 1 relationship.

## How they are linked

### 1. Price link: derived product

*Cost and price · Weak · Both ways*

Methanol is made from hydrogen and carbon oxides, usually from gas, so it is a large captive user of hydrogen. The methanol proxy is a broad organics index; monthly moves correlate at minus 0.20 and yearly moves at minus 0.05.

- **-0.20** monthly change correlation
- **-0.05** 12-month change correlation
- **-0.17** fitted elasticity

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