Material Insights · Understanding the Material World

Refining and reforming and Sulfur

Their prices have moved together.

Refining and reforming (energy) and Sulfur (commodity): 1 relationship.

How they are linked

1. Price link: by-product source

Cost and price · Moderate · Both ways

Refineries strip sulphur from fuels to meet clean-fuel rules, so sulphur output rises with refinery runs whatever its price. Against the US refinery index the acid proxy correlates at 0.28 monthly and 0.57 yearly, a weak tie because refining sets sulphur supply, not demand.

  • 0.28 monthly change correlation
  • 0.57 12-month change correlation
  • 0.48 fitted elasticity

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