# Paints and coatings and Refining and reforming

Their prices have moved together.

Source page: https://www.materialinsights.org/links/paints-and-coatings-and-refining-and-reforming/

[Paints and coatings](https://www.materialinsights.org/chemicals/paints_coatings/) (chemical) and [Refining and reforming](https://www.materialinsights.org/energy/e_refining/) (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.