# Benzene and Pharma starting materials and intermediates

Their prices have moved together.

Source page: https://www.materialinsights.org/links/benzene-and-pharma-starting-materials-and-intermediates/

[Benzene](https://www.materialinsights.org/chemicals/benzene/) (chemical) and [Pharma starting materials and intermediates](https://www.materialinsights.org/chemicals/ksm_intermediates/) (chemical): 1 relationship.

## How they are linked

### 1. Price link: aromatic feed

*Cost and price · Weak · Both ways*

Many intermediates are aromatic compounds made from benzene, toluene or their derivatives. Against the petrochemical proxy, monthly moves correlate at 0.13 and yearly moves at -0.09, as contract pricing and long chains separate the two.

- **0.13** monthly change correlation
- **-0.09** 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.