Refining and reforming and Toluene

Their prices have moved together.

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

How they are linked

1. Price link: fuel blending

Cost and price · Strong · Both ways

Refiners can blend toluene into petrol as an octane booster or sell it to chemical buyers, so petrol margins set its alternative value. The refinery index moves with the proxy at 0.68 monthly and 0.90 yearly.

• 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.