Abrasives and Energy-intensive industry

Their prices have moved together.

Abrasives (commodity) and Energy-intensive industry (energy): 1 relationship.

How they are linked

1. Price link: energy cost

Cost and price · Weak · Both ways

Abrasive grain furnaces use large amounts of electricity, so industrial power price is a key cost. The index link is weak, with monthly moves at 0.10 and yearly moves at 0.20, partly because much production is in China while the power proxy is a US price.

• 0.10 monthly change correlation
• 0.20 12-month change correlation
• 1.32 fitted elasticity

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