# Nickel and Sulfur

Their prices have moved together.

Source page: https://www.materialinsights.org/links/nickel-and-sulfur/

[Nickel](https://www.materialinsights.org/commodities/nickel/) (commodity) and [Sulfur](https://www.materialinsights.org/commodities/sulfur/) (commodity): 1 relationship.

## How they are linked

### 1. Price link: leaching demand

*Cost and price · Weak · Both ways*

Indonesian high-pressure acid leach plants use large volumes of sulphuric acid to extract nickel for batteries, making them a fast-growing sulphur buyer. That is too recent and too far from the US acid index to show: monthly moves correlate at -0.05.

- **-0.05** monthly change correlation
- **0.13** 12-month change correlation
- **0.31** fitted elasticity

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