Ethylene and Monoethylene glycol
Their prices have moved together.
Ethylene (chemical) and Monoethylene glycol (chemical): 1 relationship.
How they are linked
1. Price link: feedstock
Cost and price · Strong · Both ways
Ethylene, through ethylene oxide, is the main cost outside China, and the Middle East exports glycol from cheap ethane. The petrochemical proxy moves with the basic organics proxy at 0.29 monthly and 0.64 yearly.
- 0.29 monthly change correlation
- 0.64 12-month change correlation
- 0.07 fitted elasticity
Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.