Material Insights · Understanding the Material World

Bioethanol and Refining and reforming

Their prices have moved together.

Bioethanol (chemical) and Refining and reforming (energy): 1 relationship.

How they are linked

1. Price link: petrol blending

Cost and price · Moderate · Both ways

Refiners blend ethanol into petrol, and refinery product prices set the price of what ethanol replaces. Monthly moves correlate at 0.34 and yearly at 0.56, stronger than for crude alone.

  • 0.34 monthly change correlation
  • 0.56 12-month change correlation
  • 0.49 fitted elasticity

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