Biodiesel (FAME) and Fatty alcohols

Their prices have moved together.

Biodiesel (FAME) (chemical) and Fatty alcohols (chemical): 1 relationship.

How they are linked

1. Price link: competing use

Cost and price · Strong · Both ways

Biodiesel and fatty alcohol plants both turn vegetable oils into methyl esters, so biofuel mandates compete for the same oil. The biodiesel proxy is soybean oil, and it moves with the palm kernel proxy: monthly changes correlate at 0.48 and yearly changes at 0.73.

• 0.48 monthly change correlation
• 0.73 12-month change correlation
• 1.05 fitted elasticity

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