Nickel and Sulphuric acid

Their prices have moved together.

Nickel (commodity) and Sulphuric acid (chemical): 1 relationship.

How they are linked

1. Price link: leaching input

Cost and price · Weak · Both ways

High-pressure acid leaching, the process behind Indonesia's battery nickel, dissolves laterite ore in sulphuric acid, making acid a key cost. The US acid index does not reflect Indonesian costs, so monthly correlation is near zero (-0.05).

• -0.05 monthly change correlation
• 0.13 12-month change correlation
• 0.62 fitted elasticity

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