# Carbon black and Combustion road vehicles

Their prices have moved together.

Source page: https://www.materialinsights.org/links/carbon-black-and-combustion-road-vehicles/

[Carbon black](https://www.materialinsights.org/chemicals/carbon_black/) (chemical) and [Combustion road vehicles](https://www.materialinsights.org/energy/e_road_ice/) (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.