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

Their prices have moved together.

Source page: https://www.materialinsights.org/links/bio-based-polyethylene-and-meg-and-polyethylene-ldpe-lldpe/

[Bio-based polyethylene and MEG](https://www.materialinsights.org/chemicals/bio_pe/) (chemical) and [Polyethylene (LDPE, LLDPE)](https://www.materialinsights.org/chemicals/polyethylene/) (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.