Acetic acid and Purified terephthalic acid
Their prices have moved together.
Acetic acid (chemical) and Purified terephthalic acid (chemical): 1 relationship.
How they are linked
1. Price link: main use
Cost and price · Strong · Both ways
PTA plants use acetic acid as the solvent for oxidising paraxylene, so polyester demand affects acetic acid. The cyclic intermediates proxy moves with the basic organics proxy at 0.33 monthly and 0.80 yearly.
- 0.33 monthly change correlation
- 0.80 12-month change correlation
- 0.84 fitted elasticity
Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.