Paraxylene and Purified terephthalic acid
Their prices have moved together.
Paraxylene (chemical) and Purified terephthalic acid (chemical): 1 relationship.
How they are linked
1. Price link: main product
Cost and price · Strong · Both ways
Nearly all paraxylene is oxidised into PTA, so the two are priced as one chain in Asia and PTA margins decide paraxylene run rates. The cyclic intermediates proxy moves with this proxy at 0.50 monthly and 0.73 yearly.
- 0.50 monthly change correlation
- 0.73 12-month change correlation
- 0.19 fitted elasticity
Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.