Adhesives and sealants and Refining and reforming
Their prices have moved together.
Adhesives and sealants (chemical) and Refining and reforming (energy): 1 relationship.
How they are linked
1. Price link: feedstock source
Cost and price · Weak · Both ways
Refineries supply the propylene, aromatics and solvents that end up in adhesive polymers. The refinery index correlates weakly, at 0.02 for monthly moves and 0.29 for yearly moves, as several processing steps and contracts intervene.
- 0.02 monthly change correlation
- 0.29 12-month change correlation
- 0.23 fitted elasticity
Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.