# Monoethylene glycol and PET resin

Their prices have moved together.

Source page: https://www.materialinsights.org/links/monoethylene-glycol-and-pet-resin/

[Monoethylene glycol](https://www.materialinsights.org/chemicals/meg/) (chemical) and [PET resin](https://www.materialinsights.org/chemicals/pet/) (chemical): 1 relationship.

## How they are linked

### 1. Price link: product

*Cost and price · Strong · Both ways*

PET bottle resin is the second big outlet, so drinks demand and recycling affect glycol. The broad resin index moves with the basic organics proxy at 0.32 monthly and 0.69 yearly.

- **0.32** monthly change correlation
- **0.69** 12-month change correlation
- **1.02** fitted elasticity

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