Combustion road vehicles and Polypropylene
Their prices have moved together.
Combustion road vehicles (energy) and Polypropylene (chemical): 1 relationship.
How they are linked
1. Price link: end use
Cost and price · Weak · Both ways
Cars use polypropylene for bumpers, dashboards and battery cases. The vehicle price proxy does not move with the resin proxy, -0.02 monthly, because car prices are set by model cycles, not by resin costs.
- -0.02 monthly change correlation
- 0.02 12-month change correlation
- 1.18 fitted elasticity
Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.