Bioethanol and Sorghum
Their prices have moved together.
Bioethanol (chemical) and Sorghum (commodity): 1 relationship.
How they are linked
1. Price link: product made
Cost and price · Moderate · Both ways
Some US ethanol plants use sorghum alongside maize, so ethanol margins affect demand. The ethanol index shares yearly moves at 0.54 but monthly moves only at 0.15, as sorghum is a small share of ethanol feed.
- 0.15 monthly change correlation
- 0.54 12-month change correlation
- 0.63 fitted elasticity
Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.