Construction chemicals and Sand & gravel
Their prices have moved together.
Construction chemicals (chemical) and Sand & gravel (commodity): 1 relationship.
How they are linked
1. Price link: construction partner
Cost and price · Moderate · Both ways
Sand and aggregates go into the same concrete and mortar as admixtures, so both follow construction volumes. Monthly moves correlate at 0.07 and yearly moves at 0.44, as aggregate prices are local and adjust slowly.
- 0.07 monthly change correlation
- 0.44 12-month change correlation
- 0.71 fitted elasticity
Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.