# Crude oil and Plasticisers

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

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

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

## How they are linked

### 1. Feedstock

*Physical flow · Direct · Crude oil → Plasticisers*

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

### 2. Price link: ultimate feedstock

*Cost and price · Moderate · Both ways*

Oil prices set the cost of the naphtha and gas liquids behind both the alcohol and acid inputs. Monthly moves correlate at 0.23 and yearly moves at 0.58, with oil leading by about 1 month as costs feed through the chain.

- **0.23** monthly change correlation
- **0.58** 12-month change correlation
- **0.15** fitted elasticity

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