# Crude oil and Insecticides

Crude oil is a raw material for insecticides; their prices have moved together.

Source page: https://www.materialinsights.org/links/crude-oil-and-insecticides/

[Crude oil](https://www.materialinsights.org/energy/crude_oil/) (energy) and [Insecticides](https://www.materialinsights.org/chemicals/insecticides/) (chemical): 2 relationships.

## How they are linked

### 1. Feedstock

*Physical flow · Direct · Crude oil → Insecticides*

Insecticides is made from crude oil: it is one of the raw materials its production routes start from.

### 2. Price link: distant feedstock

*Cost and price · Weak · Both ways*

Most insecticides are built from aromatic and other petrochemical intermediates, but many synthesis steps add value. Against the pesticides proxy, monthly moves correlate at -0.07 and yearly at 0.16, so there is little visible link.

- **-0.07** monthly change correlation
- **0.16** 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.