Natural gas and Polyurethanes (MDI, TDI, polyols)
Natural gas is a raw material for polyurethanes (MDI, TDI, polyols); their prices have moved together.
Natural gas (energy) and Polyurethanes (MDI, TDI, polyols) (chemical): 2 relationships.
How they are linked
1. Feedstock
Physical flow · Direct · Natural gas → Polyurethanes (MDI, TDI, polyols)
Polyurethanes (MDI, TDI, polyols) is made from natural gas: it is one of the raw materials its production routes start from.
2. Price link: energy cost
Cost and price · Strong · Both ways
Gas sets the cost of the carbon monoxide for phosgene and the energy for these chains, especially in Europe. European gas moves with the thermosetting proxy at 0.17 monthly and 0.74 yearly.
- 0.17 monthly change correlation
- 0.74 12-month change correlation
- 0.10 fitted elasticity
Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.