Combustion road vehicles and Rubber chemicals

Their prices have moved together.

Combustion road vehicles (energy) and Rubber chemicals (chemical): 1 relationship.

How they are linked

1. Price link: tyre demand

Cost and price · Weak · Both ways

Vehicle output and the existing fleet set tyre demand, and with it rubber chemical volumes. The vehicle proxy is a car price index, not output, and monthly moves correlate at -0.15, so it does not capture this demand link.

• -0.15 monthly change correlation
• 0.22 12-month change correlation
• 1.62 fitted elasticity

Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.