Carbon black and Natural rubber
Their prices have moved together.
Carbon black (chemical) and Natural rubber (commodity): 1 relationship.
How they are linked
1. Price link: co-input in tyres
Cost and price · Weak · Both ways
Tyres combine natural rubber, synthetic rubber and carbon black as a strengthening filler, so the same tyre demand drives them. The US carbon black index moves on its own oil-based costs: monthly moves correlate at minus 0.15 and yearly moves at 0.13.
- -0.15 monthly change correlation
- 0.13 12-month change correlation
- -0.23 fitted elasticity
Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.