CNG, LPG and biogas distribution and Ethylene

Their prices have moved together.

CNG, LPG and biogas distribution (energy) and Ethylene (chemical): 1 relationship.

How they are linked

1. Price link: alternative feedstock

Cost and price · Strong · Both ways

Many crackers can switch between naphtha, ethane and propane, so LPG gets cracked whenever it undercuts naphtha. That shared feedstock pool shows in the numbers: Mont Belvieu propane moves with the proxy index at 0.41 monthly and 0.82 yearly.

• 0.41 monthly change correlation
• 0.82 12-month change correlation
• 0.56 fitted elasticity

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