Soda ash and Sodium silicate
Soda ash is a raw material for sodium silicate; their prices have moved together.
Soda ash (commodity) and Sodium silicate (chemical): 2 relationships.
How they are linked
1. Feedstock
Physical flow · Direct · Soda ash → Sodium silicate
Sodium silicate is made from soda ash: it is one of the raw materials its production routes start from.
2. Price link: product made
Cost and price · Strong · Both ways
Sodium silicate is made by fusing soda ash with silica sand, so soda ash is its main chemical cost. The two proxy indexes move together, monthly moves at 0.30 and yearly moves at 0.70, as cost changes pass from soda ash into silicate prices.
- 0.30 monthly change correlation
- 0.70 12-month change correlation
- 0.86 fitted elasticity
Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.