Natural rubber and Rubber chemicals

Their prices have moved together.

Natural rubber (commodity) and Rubber chemicals (chemical): 1 relationship.

How they are linked

1. Price link: main customer

Cost and price · Weak · Both ways

Tyre makers buy rubber chemicals in proportion to the natural rubber they process, so tyre output drives both. Their prices move differently, though: monthly moves correlate at only 0.14 and yearly at 0.27, because rubber prices are driven by Asian plantation supply.

• 0.14 monthly change correlation
• 0.27 12-month change correlation
• -0.08 fitted elasticity

Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.