Material Insights · Understanding the Material World

Bananas and Fungicides

Their prices have moved together.

Bananas (commodity) and Fungicides (chemical): 1 relationship.

How they are linked

1. Price link: crop protection

Cost and price · Weak · Both ways

Black Sigatoka leaf disease forces plantations to spray fungicides dozens of times a year, a large production cost. The US index correlates with bananas at 0.03 for monthly moves and 0.27 for yearly moves.

  • 0.03 monthly change correlation
  • 0.27 12-month change correlation
  • 1.47 fitted elasticity

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