Gas pipelines and city gas and High-density polyethylene
Their prices have moved together.
Gas pipelines and city gas (energy) and High-density polyethylene (chemical): 1 relationship.
How they are linked
1. Price link: end use
Cost and price · Strong · Both ways
HDPE pipe carries much of the gas and water in city distribution networks. The proxy here is a delivered gas price, so it measures gas cost more than pipe demand: 0.06 monthly and 0.62 yearly.
- 0.06 monthly change correlation
- 0.62 12-month change correlation
- 0.41 fitted elasticity
Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.