Coal mining and Explosives and propellants
Their prices have moved together.
Coal mining (energy) and Explosives and propellants (energy): 1 relationship.
How they are linked
1. Price link: demand driver
Cost and price · Moderate · Both ways
Surface coal mines are among the largest users of explosives, including in India. The coal mining index correlates at 0.15 for monthly moves and 0.47 for yearly moves, reflecting shared mining activity.
- 0.15 monthly change correlation
- 0.47 12-month change correlation
- 0.60 fitted elasticity
Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.