Nitrogen (ammonia) and Potash

Their prices have moved together.

Nitrogen (ammonia) (commodity) and Potash (commodity): 1 relationship.

How they are linked

1. Price link: shared demand

Cost and price · Strong · Both ways

Urea, phosphate and potash are the three main nutrients, and farmers cut all three when crop prices fall relative to fertiliser. Urea is made from gas while potash is mined, so monthly moves correlate at only 0.20 and yearly moves at 0.60.

• 0.20 monthly change correlation
• 0.60 12-month change correlation
• 0.78 fitted elasticity

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