Material Insights · Understanding the Material World

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.