Carbon black and Combustion road vehicles

Their prices have moved together.

Carbon black (chemical) and Combustion road vehicles (energy): 1 relationship.

How they are linked

1. Price link: end-use demand

Cost and price · Weak · Both ways

Most carbon black goes into tyres, so car and truck output sets demand. The proxy is a US vehicle price index, and correlates at 0.23 for monthly moves and 0.28 for yearly moves.

• 0.23 monthly change correlation
• 0.28 12-month change correlation
• 3.36 fitted elasticity

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