# Natural rubber and Rubber chemicals

Their prices have moved together.

Source page: https://www.materialinsights.org/links/natural-rubber-and-rubber-chemicals/

[Natural rubber](https://www.materialinsights.org/commodities/rubber/) (commodity) and [Rubber chemicals](https://www.materialinsights.org/chemicals/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.