Copper and Rail traction

Their prices have moved together.

Copper (commodity) and Rail traction (energy): 1 relationship.

How they are linked

1. Price link: motors and wiring

Cost and price · Weak · Both ways

Traction motors, transformers and overhead catenary use large amounts of copper. The equipment index shows no clear link, with monthly moves correlating at -0.01, because railway orders fix prices long before delivery.

• -0.01 monthly change correlation
• -0.13 12-month change correlation
• 0.10 fitted elasticity

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