# Paraxylene and Purified terephthalic acid

Their prices have moved together.

Source page: https://www.materialinsights.org/links/paraxylene-and-purified-terephthalic-acid/

[Paraxylene](https://www.materialinsights.org/chemicals/paraxylene/) (chemical) and [Purified terephthalic acid](https://www.materialinsights.org/chemicals/pta/) (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.