# Crude oil and Styrene-butadiene rubber

Crude oil is a raw material for styrene-butadiene rubber; their prices have moved together.

Source page: https://www.materialinsights.org/links/crude-oil-and-styrene-butadiene-rubber/

[Crude oil](https://www.materialinsights.org/energy/crude_oil/) (energy) and [Styrene-butadiene rubber](https://www.materialinsights.org/chemicals/sbr/) (chemical): 2 relationships.

## How they are linked

### 1. Feedstock

*Physical flow · Direct · Crude oil → Styrene-butadiene rubber*

Styrene-butadiene rubber 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, which yields both butadiene and benzene. Brent moves with the rubber index at 0.10 monthly and 0.52 yearly, a loose tie as tyre contracts reset slowly.

- **0.10** monthly change correlation
- **0.52** 12-month change correlation
- **0.25** fitted elasticity

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