Material Insights · Understanding the Material World

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.