Coffee and Sugar
Their prices have moved together.
Coffee (commodity) and Sugar (commodity): 1 relationship.
How they are linked
1. Price link: shared market drivers
Cost and price · Moderate · Both ways
Brazil is the largest producer of both coffee and sugar, so its weather and currency affect both. Monthly moves correlate at 0.22 and yearly moves at 0.33, a weak shared driver.
- 0.22 monthly change correlation
- 0.33 12-month change correlation
- 0.69 fitted elasticity
Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.