# Biomass and biofuel stores and Sugar

Their prices have moved together.

Source page: https://www.materialinsights.org/links/biomass-and-biofuel-stores-and-sugar/

[Biomass and biofuel stores](https://www.materialinsights.org/energy/e_bio_store/) (energy) and [Sugar](https://www.materialinsights.org/commodities/sugar/) (commodity): 1 relationship.

## How they are linked

### 1. Price link: feedstock

*Cost and price · Moderate · Both ways*

Brazil and India make ethanol from cane juice and molasses, and mills switch between sugar and ethanol as prices change. The world sugar price correlates with US ethanol at 0.16 for monthly moves and 0.33 for yearly moves.

- **0.16** monthly change correlation
- **0.33** 12-month change correlation
- **0.35** fitted elasticity

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