Crushed stone and Sand & gravel
Their prices have moved together.
Crushed stone (commodity) and Sand & gravel (commodity): 1 relationship.
How they are linked
1. Price link: substitute
Cost and price · Strong · Both ways
Crushed rock and manufactured sand compete with natural sand and gravel in concrete and road bases. The link is close, monthly moves at 0.67 and yearly moves at 0.90, partly by construction, since the crushed stone proxy index includes sand and gravel.
- 0.67 monthly change correlation
- 0.90 12-month change correlation
- 1.05 fitted elasticity
Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.