Natural gas and Soda ash
Their prices have moved together.
Natural gas (energy) and Soda ash (commodity): 1 relationship.
How they are linked
1. Price link: energy cost
Cost and price · Moderate · Both ways
Soda ash plants use much steam and heat, from calcining trona to drying the product. The proxy index shows little monthly link with European gas, at 0.10, but yearly moves correlate at 0.49, with the strongest link when gas leads by four months.
- 0.10 monthly change correlation
- 0.49 12-month change correlation
- 0.20 fitted elasticity
Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.