Material Insights · Understanding the Material World

Bio-based polyethylene and MEG and Polyethylene (LDPE, LLDPE)

Their prices have moved together.

Bio-based polyethylene and MEG (chemical) and Polyethylene (LDPE, LLDPE) (chemical): 1 relationship.

How they are linked

1. Price link: fossil twin

Cost and price · Strong · Both ways

Bio-PE is chemically the same as fossil polyethylene, so it is priced as fossil PE plus a premium. The proxy here is the same US thermoplastic resins index used for fossil PE, so it shows the fossil market, not the premium.

  • 0.99 monthly change correlation
  • 1.00 12-month change correlation
  • 1.02 fitted elasticity

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