LNG chain and Nickel

Their prices have moved together.

LNG chain (energy) and Nickel (commodity): 1 relationship.

How they are linked

1. Price link: tank material

Cost and price · Weak · Both ways

Liquefaction plants, carriers and import tanks use nickel alloy steels that stay tough at the very low temperatures needed. Nickel is a small share of project cost, and the data show no relation, with monthly moves at -0.03.

• -0.03 monthly change correlation
• 0.19 12-month change correlation
• 0.12 fitted elasticity

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