Ethylene and High-density polyethylene
Their prices have moved together.
Ethylene (chemical) and High-density polyethylene (chemical): 1 relationship.
How they are linked
1. Price link: feedstock
Cost and price · Strong · Both ways
Ethylene is almost all of the raw material, so HDPE is priced as a margin over it. The petrochemical proxy moves with the resin proxy at 0.71 monthly and 0.89 yearly, and closely over the last five years.
- 0.71 monthly change correlation
- 0.89 12-month change correlation
- 0.17 fitted elasticity
Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.