HVDC links and Polyethylene (LDPE, LLDPE)
Their prices have moved together.
HVDC links (energy) and Polyethylene (LDPE, LLDPE) (chemical): 1 relationship.
How they are linked
1. Price link: cable insulation
Cost and price · Moderate · Both ways
Modern HVDC cables use cross-linked polyethylene insulation, which is replacing oil-impregnated paper. The resin is a modest share of cost, and monthly moves correlate at 0.28 with the plastics proxy, rising only to 0.42 for yearly moves.
- 0.28 monthly change correlation
- 0.42 12-month change correlation
- 1.41 fitted elasticity
Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.