Carbon black and Refining and reforming

Their prices have moved together.

Carbon black (chemical) and Refining and reforming (energy): 1 relationship.

How they are linked

1. Price link: feedstock source

Cost and price · Strong · Both ways

Heavy residual oil from refinery cracking units is the main feedstock. Contracts pass oil costs through with a lag, so monthly moves correlate at only 0.01, but yearly moves at 0.61.

• 0.01 monthly change correlation
• 0.61 12-month change correlation
• 0.57 fitted elasticity

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