CNG, LPG and biogas distribution and Polypropylene
Their prices have moved together.
CNG, LPG and biogas distribution (energy) and Polypropylene (chemical): 1 relationship.
How they are linked
1. Price link: feedstock cost
Cost and price · Strong · Both ways
Propane dehydrogenation now supplies much of the propylene for new Asian polypropylene plants, so propane prices feed directly into costs. Mont Belvieu propane moves with the resin proxy at 0.20 monthly and 0.75 yearly.
- 0.20 monthly change correlation
- 0.75 12-month change correlation
- 0.04 fitted elasticity
Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.