Bananas and Polyethylene (LDPE, LLDPE)
Their prices have moved together.
Bananas (commodity) and Polyethylene (LDPE, LLDPE) (chemical): 1 relationship.
How they are linked
1. Price link: packaging
Cost and price · Weak · Both ways
Banana bunches are covered with plastic bags in the field and packed in plastic liners, so polyethylene is a small cost. The data shows no link: monthly moves correlate at minus 0.12.
- -0.12 monthly change correlation
- -0.03 12-month change correlation
- 1.06 fitted elasticity
Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.