Material Insights · Understanding the Material World

Plasticisers and Soybeans

Their prices have moved together.

Plasticisers (chemical) and Soybeans (commodity): 1 relationship.

How they are linked

1. Price link: bio-based option

Cost and price · Moderate · Both ways

Epoxidised soybean oil is a bio-based plasticiser and PVC stabiliser that competes with phthalates. The link is weaker: monthly moves correlate at 0.14, yearly at 0.48 and -0.04 over the last five years, with soybeans leading by about 3 months.

  • 0.14 monthly change correlation
  • 0.48 12-month change correlation
  • 0.45 fitted elasticity

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