Energy-intensive industry and Vinyl chloride monomer
Their prices have moved together.
Energy-intensive industry (energy) and Vinyl chloride monomer (chemical): 1 relationship.
How they are linked
1. Price link: power cost
Cost and price · Moderate · Both ways
Chlor-alkali electrolysis uses a lot of electricity, so power prices feed into chlorine and VCM. The US industrial power index moves with the proxy at only 0.02 monthly and 0.43 yearly, because power is bought on contracts.
- 0.02 monthly change correlation
- 0.43 12-month change correlation
- 0.79 fitted elasticity
Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.