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.