Natural gas and Specialty amines and ethanolamines

Natural gas is a raw material for specialty amines and ethanolamines; their prices have moved together.

Natural gas (energy) and Specialty amines and ethanolamines (chemical): 2 relationships.

How they are linked

1. Feedstock

Physical flow · Direct · Natural gas → Specialty amines and ethanolamines

Specialty amines and ethanolamines is made from natural gas: it is one of the raw materials its production routes start from.

2. Price link: energy and feed

Cost and price · Strong · Both ways

Gas makes the ammonia and often the ethylene behind amines, and fuels the plants. European gas correlates at 0.18 for monthly moves but 0.81 for yearly moves, as gas costs feed through over months.

• 0.18 monthly change correlation
• 0.81 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.