Building heat recovery and Copper

Their prices have moved together.

Building heat recovery (energy) and Copper (commodity): 1 relationship.

How they are linked

1. Price link: coils and pipes

Cost and price · Weak · Both ways

Drain-water heat recovery units and heat-pump water heaters use copper pipe and coils. The equipment index shows correlations close to zero with copper, because makers smooth metal costs through contracts.

• -0.02 monthly change correlation
• -0.06 12-month change correlation
• 0.52 fitted elasticity

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