Correlations

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Resin

Resin or Polypropylene (PP) is one of the most commonly used thermoplastics in the world. When the resin price increased, plastic manufacturers have been able to improve their margin by raising the average selling price of their products. Normally, resin price has a positive relationship with plastic manufacturer’s revenue.



Stock Last Price 1D % After 2019 All Time Days Trading Sectors

Note:

  • Correlations score shown above is representing Pearson correlation coefficient (Pearson's r).
  • Newly listed companies have been filtered out due to lack of data points.