Coal transport and Coking coal
Their prices have moved together.
Coal transport (energy) and Coking coal (energy): 1 relationship.
How they are linked
1. Price link: freight cost
Cost and price · Strong · Both ways
Coking coal moves by rail to port and then by sea to mills in Asia, so freight is a large part of its delivered cost. The proxy price correlates with a US rail freight index at 0.22 monthly and 0.66 yearly, a shared fuel and demand cycle.
- 0.21 monthly change correlation
- 0.66 12-month change correlation
- 1.57 fitted elasticity
Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.