Bio-based polyethylene and MEG and Bioethanol

Their prices have moved together.

Bio-based polyethylene and MEG (chemical) and Bioethanol (chemical): 1 relationship.

How they are linked

1. Price link: feedstock

Cost and price · Strong · Both ways

Bio-PE plants dehydrate cane ethanol into ethylene, so ethanol is the main cost. The US ethanol index is corn ethanol, not Brazilian cane, so it links only through the wider fuel market: monthly moves correlate at 0.20, yearly at 0.61.

• 0.20 monthly change correlation
• 0.61 12-month change correlation
• 0.25 fitted elasticity

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