Paints and coatings and Refining and reforming

Their prices have moved together.

Paints and coatings (chemical) and Refining and reforming (energy): 1 relationship.

How they are linked

1. Price link: solvent source

Cost and price · Moderate · Both ways

Refineries supply the mineral spirits, aromatic solvents and propylene behind many paint ingredients. The refinery index correlates weakly, at 0.01 for monthly moves and 0.34 for yearly moves, reflecting slow pass-through into paint prices.

• 0.01 monthly change correlation
• 0.34 12-month change correlation
• 0.27 fitted elasticity

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