Material Insights · Understanding the Material World

Rapeseed and Renewable diesel and SAF

Rapeseed is a raw material for renewable diesel and SAF; their prices have moved together.

Rapeseed (commodity) and Renewable diesel and SAF (chemical): 2 relationships.

How they are linked

1. Feedstock

Physical flow · Direct · Rapeseed → Renewable diesel and SAF

Renewable diesel and SAF is made from rapeseed: it is one of the raw materials its production routes start from.

2. Price link: fuel use

Cost and price · Strong · Both ways

Renewable diesel and aviation fuel plants also take vegetable oils, competing with biodiesel for supply. The proxy here is the diesel price index, so the link mostly shows the fossil fuel the biofuels replace: monthly moves correlate at 0.36 and yearly moves at 0.69.

  • 0.36 monthly change correlation
  • 0.69 12-month change correlation
  • 0.54 fitted elasticity

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