Aluminium and Transformers and power electronics
Their prices have moved together.
Aluminium (commodity) and Transformers and power electronics (energy): 1 relationship.
How they are linked
1. Price link: windings
Cost and price · Moderate · Both ways
Aluminium replaces copper in many distribution transformer windings when the price gap widens, as it is cheaper but bulkier. Yearly moves correlate at 0.41, while monthly moves correlate at only 0.10, showing a slow and partial pass-through.
- 0.10 monthly change correlation
- 0.41 12-month change correlation
- 0.57 fitted elasticity
Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.