Bio-based polyethylene and MEG and Monoethylene glycol

Their prices have moved together.

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

How they are linked

1. Price link: product made

Cost and price · Strong · Both ways

Bio-MEG for PET bottles is also made from cane ethanol through ethylene oxide. It shares the ethanol cost and the green premium; the US proxies show monthly moves correlating at 0.31 and yearly moves at 0.67.

• 0.31 monthly change correlation
• 0.67 12-month change correlation
• 0.77 fitted elasticity

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