Biomass and Coconut oil

Their prices have moved together.

Biomass (energy) and Coconut oil (commodity): 1 relationship.

How they are linked

1. Price link: by-product

Cost and price · Weak · Both ways

Coconut husks and shells are burned as fuel in driers and boilers and sold to industry. The biomass proxy is a US wood chips index, so the link is weak: monthly moves correlate at 0.13 and yearly moves at 0.15.

• 0.13 monthly change correlation
• 0.15 12-month change correlation
• 1.40 fitted elasticity

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