Caustic soda and Energy-intensive industry
Their prices have moved together.
Caustic soda (chemical) and Energy-intensive industry (energy): 1 relationship.
How they are linked
1. Price link: energy cost
Cost and price · Moderate · Both ways
Electrolysis uses a lot of electricity, the largest cost of making caustic soda and chlorine. The proxy is the US industrial power price; monthly moves correlate at 0.14 and yearly moves at 0.46, as power contracts adjust slowly.
- 0.14 monthly change correlation
- 0.46 12-month change correlation
- 0.93 fitted elasticity
Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.