# Coconut oil and Fatty alcohols

Coconut oil is a raw material for fatty alcohols; their prices have moved together.

Source page: https://www.materialinsights.org/links/coconut-oil-and-fatty-alcohols/

[Coconut oil](https://www.materialinsights.org/commodities/coconut/) (commodity) and [Fatty alcohols](https://www.materialinsights.org/chemicals/fatty_alcohols/) (chemical): 2 relationships.

## How they are linked

### 1. Feedstock

*Physical flow · Direct · Coconut oil → Fatty alcohols*

Fatty alcohols is made from coconut oil: it is one of the raw materials its production routes start from.

### 2. Price link: derived product

*Cost and price · Strong · Both ways*

Coconut oil is a lauric oil, the preferred feedstock for fatty alcohols used in detergents and shampoos. The proxy is the palm kernel oil price, a direct lauric rival, so the link is very close: monthly moves correlate at 0.79 and yearly moves at 0.93.

- **0.79** monthly change correlation
- **0.93** 12-month change correlation
- **0.92** fitted elasticity

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