Material Insights · Understanding the Material World

Biodiesel (FAME) and Bioethanol

Their prices have moved together.

Biodiesel (FAME) (chemical) and Bioethanol (chemical): 1 relationship.

How they are linked

1. Price link: sibling biofuel

Cost and price · Moderate · Both ways

Both biofuels depend on crop prices and blending mandates. The soybean oil proxy correlates with ethanol at 0.26 monthly and 0.57 yearly, as farm commodity cycles and fuel prices move both.

  • 0.26 monthly change correlation
  • 0.57 12-month change correlation
  • 0.47 fitted elasticity

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