Material Insights · Understanding the Material World

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.