Benzene and Refining and reforming
Their prices have moved together.
Benzene (chemical) and Refining and reforming (energy): 1 relationship.
How they are linked
1. Price link: co-product
Cost and price · Strong · Both ways
Catalytic reformers in refineries produce benzene alongside high-octane petrol, and rules capping benzene in fuel push more onto the chemical market. The refinery index moves with the proxy at 0.68 monthly and 0.90 yearly.
- 0.68 monthly change correlation
- 0.90 12-month change correlation
- 0.72 fitted elasticity
Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.