Biodiesel (FAME) and Sunflower

Their prices have moved together.

Biodiesel (FAME) (chemical) and Sunflower (commodity): 1 relationship.

How they are linked

1. Price link: fuel use

Cost and price · Strong · Both ways

Sunflower oil is rarely made into biodiesel itself, but fuel demand for soy and rapeseed oil tightens the whole oil market. The biodiesel proxy is the soybean oil price; monthly moves correlate at 0.68 and yearly moves at 0.92.

• 0.68 monthly change correlation
• 0.92 12-month change correlation
• 1.01 fitted elasticity

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