# Caustic soda and Energy-intensive industry

Their prices have moved together.

Source page: https://www.materialinsights.org/links/caustic-soda-and-energy-intensive-industry/

[Caustic soda](https://www.materialinsights.org/chemicals/caustic_soda/) (chemical) and [Energy-intensive industry](https://www.materialinsights.org/energy/e_heavy_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.