Nitrogen gas and Oxygen

Their prices have moved together.

Nitrogen gas (chemical) and Oxygen (chemical): 1 relationship.

How they are linked

1. Price link: co-product

Cost and price · Moderate · Both ways

Air separation units produce oxygen and nitrogen together, so their costs are shared. The nitrogen proxy is the broad industrial gases index; monthly moves correlate at 0.39 and yearly moves at 0.55.

• 0.39 monthly change correlation
• 0.55 12-month change correlation
• 1.40 fitted elasticity

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