# Biodiesel (FAME) and Biomass and biofuel stores

Their prices have moved together.

Source page: https://www.materialinsights.org/links/biodiesel-fame-and-biomass-and-biofuel-stores/

[Biodiesel (FAME)](https://www.materialinsights.org/energy/biodiesel/) (chemical) and [Biomass and biofuel stores](https://www.materialinsights.org/energy/e_bio_store/) (energy): 1 relationship.

## How they are linked

### 1. Price link: sister biofuel

*Cost and price · Moderate · Both ways*

Biodiesel stocks are the other main liquid biofuel store. The soybean oil proxy correlates with ethanol at 0.26 for monthly moves and 0.57 for yearly moves, as both respond to farm and fuel markets.

- **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.