Methanol and Ship propulsion

Their prices have moved together.

Methanol (chemical) and Ship propulsion (energy): 1 relationship.

How they are linked

1. Price link: fuel demand

Cost and price · Weak · Both ways

Methanol is emerging as a lower-carbon ship fuel, with dual-fuel vessels on order. The shipbuilding price proxy moves with the methanol proxy at 0.06 monthly, because ship prices reflect yard capacity, not fuel costs.

• 0.06 monthly change correlation
• 0.20 12-month change correlation
• 1.29 fitted elasticity

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