Bio-based polyethylene and MEG and Ethylene

Their prices have moved together.

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

How they are linked

1. Price link: fossil route

Cost and price · Strong · Both ways

Fossil PE is made from ethylene cracked from naphtha or ethane, while bio-PE uses ethylene from dehydrated ethanol. The resin proxy follows ethylene closely: monthly moves correlate at 0.72 and yearly moves at 0.90.

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

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