Material Insights · Understanding the Material World

Paraxylene and Refining and reforming

Their prices have moved together.

Paraxylene (chemical) and Refining and reforming (energy): 1 relationship.

How they are linked

1. Price link: co-product

Cost and price · Strong · Both ways

Reformers produce xylenes alongside petrol components, and many Asian refineries are built around paraxylene units. The refinery index moves with the petrochemical proxy at 0.68 monthly and 0.90 yearly, reflecting that shared hardware and feed.

  • 0.68 monthly change correlation
  • 0.90 12-month change correlation
  • 0.72 fitted elasticity

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