Material Insights · Understanding the Material World

Ethylene and Refining and reforming

Their prices have moved together.

Ethylene (chemical) and Refining and reforming (energy): 1 relationship.

How they are linked

1. Price link: shared supply chain

Cost and price · Strong · Both ways

Refineries supply the naphtha and refinery-grade olefins that crackers use, and both businesses respond to crude and fuel demand. The refinery price index moves with the petrochemical proxy at 0.68 monthly and 0.90 yearly, among the highest readings for ethylene.

  • 0.68 monthly change correlation
  • 0.90 12-month change correlation
  • 0.72 fitted elasticity

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