Butadiene and Natural rubber

Their prices have moved together.

Butadiene (chemical) and Natural rubber (commodity): 1 relationship.

How they are linked

1. Price link: substitute feedstock

Cost and price · Strong · Both ways

Butadiene is the main input to synthetic rubber, so it sets the price of natural rubber's rival. The proxy is a US petrochemicals index, and monthly moves correlate at 0.43 and yearly moves at 0.69, largely through oil.

• 0.43 monthly change correlation
• 0.69 12-month change correlation
• 1.06 fitted elasticity

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