Cement and Paints and coatings
Their prices have moved together.
Cement (commodity) and Paints and coatings (chemical): 1 relationship.
How they are linked
1. Price link: construction demand
Cost and price · Weak · Both ways
New housing and buildings drive both cement and decorative paint demand. Monthly moves correlate at 0.21, and at 0.40 over the last five years, reflecting a common construction and inflation driver rather than any shared input.
- 0.21 monthly change correlation
- 0.15 12-month change correlation
- 1.01 fitted elasticity
Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.