Nickel-based batteries and Potash

Their prices have moved together.

Nickel-based batteries (energy) and Potash (commodity): 1 relationship.

How they are linked

1. Price link: electrolyte

Cost and price · Weak · Both ways

Both chemistries use potassium hydroxide electrolyte, made by electrolysis of potassium chloride from potash. Electrolyte is a small cost, so the potash price shows almost no link to the battery proxy, with monthly moves at 0.07.

• 0.07 monthly change correlation
• 0.28 12-month change correlation
• 0.14 fitted elasticity

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