Crushed stone and Explosives and propellants
Their prices have moved together.
Crushed stone (commodity) and Explosives and propellants (energy): 1 relationship.
How they are linked
1. Price link: blasting input
Cost and price · Moderate · Both ways
Quarries break rock with explosives, so explosives are a direct operating cost. The indexes share monthly moves at 0.21, yearly moves at 0.39 and 0.56 in the last five years, as both rose with US construction and mining demand.
- 0.21 monthly change correlation
- 0.39 12-month change correlation
- 1.57 fitted elasticity
Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.