# Crude oil and Polyester fibre

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

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

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

## How they are linked

### 1. Feedstock

*Physical flow · Direct · Crude oil → Polyester fibre*

Polyester fibre 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 · Moderate · Both ways*

Oil sets the cost of naphtha and so of paraxylene, PTA and fibre. Brent moves with the fibre index at 0.14 monthly and 0.56 yearly, a loose tie as spinners' margins absorb short swings.

- **0.14** monthly change correlation
- **0.56** 12-month change correlation
- **0.22** fitted elasticity

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