Cement and Crushed stone
Their prices have moved together.
Cement (commodity) and Crushed stone (commodity): 1 relationship.
How they are linked
1. Price link: shared demand
Cost and price · Strong · Both ways
Crushed stone and cement are mixed into concrete for the same building and road projects, and limestone is cement's main raw material. The indexes move together, monthly moves at 0.48, yearly moves at 0.60 and 0.67 in the last five years.
- 0.48 monthly change correlation
- 0.60 12-month change correlation
- 0.77 fitted elasticity
Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.