# Bananas and Tankers, barges and fuel trucks

Their prices have moved together.

Source page: https://www.materialinsights.org/links/bananas-and-tankers-barges-and-fuel-trucks/

[Bananas](https://www.materialinsights.org/commodities/bananas/) (commodity) and [Tankers, barges and fuel trucks](https://www.materialinsights.org/energy/e_tankers/) (energy): 1 relationship.

## How they are linked

### 1. Price link: freight cost

*Cost and price · Moderate · Both ways*

Bananas travel in refrigerated ships and containers, so shipping costs are a large part of the landed price. The freight proxy is a deep sea index; monthly moves correlate at 0.07 and yearly moves at 0.33, since annual contracts delay pass-through.

- **0.07** monthly change correlation
- **0.33** 12-month change correlation
- **0.72** fitted elasticity

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