# Biodiesel (FAME) and Sunflower

Their prices have moved together.

Source page: https://www.materialinsights.org/links/biodiesel-fame-and-sunflower/

[Biodiesel (FAME)](https://www.materialinsights.org/energy/biodiesel/) (chemical) and [Sunflower](https://www.materialinsights.org/commodities/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.