Material Insights · Understanding the Material World

LNG chain and Thermal coal

Their prices have moved together.

LNG chain (energy) and Thermal coal (energy): 1 relationship.

How they are linked

1. Price link: power substitute

Cost and price · Strong · Both ways

Power plants in Japan, Korea and India switch between LNG and coal as relative prices change, and both rose together during the European gas crisis. Yearly moves correlate at 0.71, while monthly moves correlate only at 0.11.

  • 0.11 monthly change correlation
  • 0.71 12-month change correlation
  • 0.42 fitted elasticity

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