Material Insights · Understanding the Material World

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.