Coal mining and Energy in farming

Their prices have moved together.

Coal mining (energy) and Energy in farming (energy): 1 relationship.

How they are linked

1. Price link: fuel cost

Cost and price · Moderate · Both ways

Trucks, shovels and dozers in open-pit mines run on diesel, a large running cost. The diesel index and coal mining index correlate at 0.14 monthly and 0.30 over a year.

• 0.14 monthly change correlation
• 0.30 12-month change correlation
• 0.36 fitted elasticity

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