Crude oil and Linear alkylbenzene

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

Crude oil (energy) and Linear alkylbenzene (chemical): 2 relationships.

How they are linked

1. Feedstock

Physical flow · Direct · Crude oil → Linear alkylbenzene

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

2. Price link: feedstock cost

Cost and price · Strong · Both ways

Both kerosene and benzene come from oil, so crude sets the cost floor of LAB. The cyclic proxy correlates with Brent at 0.20 monthly and 0.67 yearly. Kerosene in particular tracks jet fuel demand, which can pull feed away from LAB plants.

• 0.20 monthly change correlation
• 0.67 12-month change correlation
• 0.18 fitted elasticity

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