Crude oil and Phenol and acetone

Crude oil is a raw material for phenol and acetone; their prices have moved together.

Crude oil (energy) and Phenol and acetone (chemical): 2 relationships.

How they are linked

1. Feedstock

Physical flow · Direct · Crude oil → Phenol and acetone

Phenol and acetone 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 cumene feeds come from oil or gas liquids, so crude sets the cost floor of phenol. The tie is moderate, 0.20 monthly and 0.67 yearly, because phenol margins follow their own supply cycle.

• 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.