Aluminium and Hydrofluoric acid
Their prices have moved together.
Aluminium (commodity) and Hydrofluoric acid (chemical): 1 relationship.
How they are linked
1. Price link: demand driver
Cost and price · Weak · Both ways
Aluminium smelters use aluminium fluoride, made from hydrofluoric acid, in the electrolytic bath. The aluminium price shows little link with the proxy: monthly moves correlate at minus 0.02 and yearly moves at 0.27.
- -0.02 monthly change correlation
- 0.27 12-month change correlation
- 0.48 fitted elasticity
Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.