Biodiesel (FAME) and Rapeseed

Rapeseed is a raw material for biodiesel (FAME); their prices have moved together.

Biodiesel (FAME) (chemical) and Rapeseed (commodity): 2 relationships.

How they are linked

1. Feedstock

Physical flow · Direct · Rapeseed → Biodiesel (FAME)

Biodiesel (FAME) is made from rapeseed: it is one of the raw materials its production routes start from.

2. Price link: fuel use

Cost and price · Strong · Both ways

Rapeseed oil is the main biodiesel feedstock in Europe, so fuel blending rules drive much of its demand. The biodiesel proxy is the soybean oil price, so this also shows oil substitution: monthly moves correlate at 0.73 and yearly moves at 0.93.

• 0.73 monthly change correlation
• 0.93 12-month change correlation
• 0.86 fitted elasticity

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