Material Insights · Understanding the Material World

Benzene and Polystyrene and EPS

Their prices have moved together.

Benzene (chemical) and Polystyrene and EPS (chemical): 1 relationship.

How they are linked

1. Price link: upstream feed

Cost and price · Strong · Both ways

Benzene is the main raw material behind styrene and so behind polystyrene. The petrochemical proxy moves with the resin proxy at 0.71 monthly and 0.89 yearly, which mostly reflects the broad resin index.

  • 0.71 monthly change correlation
  • 0.89 12-month change correlation
  • 0.17 fitted elasticity

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