Natural gas and Sodium silicate
Their prices have moved together.
Natural gas (energy) and Sodium silicate (chemical): 1 relationship.
How they are linked
1. Price link: energy cost
Cost and price · Moderate · Both ways
Furnaces melt sand and soda ash at high temperatures, mostly with gas, so energy is a major cost. European gas correlates with the proxy at 0.10 for monthly moves and 0.43 for yearly moves, as contracts delay pass-through.
- 0.10 monthly change correlation
- 0.43 12-month change correlation
- 0.13 fitted elasticity
Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.