Adhesives and sealants and Timber
Their prices have moved together.
Adhesives and sealants (chemical) and Timber (commodity): 1 relationship.
How they are linked
1. Price link: processing input
Cost and price · Weak · Both ways
Plywood and engineered wood are glued with resins, so adhesive costs affect wood products. Sawnwood itself uses no glue, and the data shows no link: monthly moves correlate at minus 0.04.
- -0.04 monthly change correlation
- -0.11 12-month change correlation
- -0.30 fitted elasticity
Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.