Combustion road vehicles and Polybutadiene rubber
Their prices have moved together.
Combustion road vehicles (energy) and Polybutadiene rubber (chemical): 1 relationship.
How they are linked
1. Price link: demand driver
Cost and price · Weak · Both ways
Tyres for new and existing vehicles are the main use. The vehicle price proxy does not move with the rubber proxy, 0.03 monthly, because car prices follow model cycles rather than rubber costs.
- 0.03 monthly change correlation
- 0.05 12-month change correlation
- 0.87 fitted elasticity
Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.