Material Insights · Understanding the Material World

Nitric acid and Polyurethanes (MDI, TDI, polyols)

Their prices have moved together.

Nitric acid (chemical) and Polyurethanes (MDI, TDI, polyols) (chemical): 1 relationship.

How they are linked

1. Price link: derived product

Cost and price · Strong · Both ways

Nitric acid nitrates benzene and toluene to make the building blocks of MDI and TDI, the main polyurethane chemicals. Monthly moves correlate at 0.22 and yearly moves at 0.71, partly a shared energy cycle.

  • 0.22 monthly change correlation
  • 0.71 12-month change correlation
  • 2.03 fitted elasticity

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