Benzene and Organic pigments

Their prices have moved together.

Benzene (chemical) and Organic pigments (chemical): 1 relationship.

How they are linked

1. Price link: aromatic feed

Cost and price · Weak · Both ways

Azo and phthalocyanine pigments are built from aromatic amines and phthalic derivatives that start as benzene, toluene or xylene. The petrochemical proxy barely tracks the pigment index, at -0.03 for monthly moves and 0.22 for yearly moves.

• -0.03 monthly change correlation
• 0.22 12-month change correlation
• -0.05 fitted elasticity

Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.