Biodiesel (FAME) and Methanol

Their prices have moved together.

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

How they are linked

1. Price link: process reagent

Cost and price · Moderate · Both ways

Methanol reacts with the oil to form methyl esters, so every tonne of biodiesel needs it. Against the organic chemicals proxy, monthly moves correlate at 0.24 and yearly at 0.54, with the biodiesel proxy leading by about 2 months.

• 0.24 monthly change correlation
• 0.54 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.