# LNG chain and Thermal coal

Their prices have moved together.

Source page: https://www.materialinsights.org/links/lng-chain-and-thermal-coal/

[LNG chain](https://www.materialinsights.org/energy/e_lng/) (energy) and [Thermal coal](https://www.materialinsights.org/energy/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.