Coffee and Tea

Their prices have moved together.

Coffee (commodity) and Tea (commodity): 1 relationship.

How they are linked

1. Price link: substitute drink

Cost and price · Weak · Both ways

Tea and coffee compete for the same cup, but each market is driven by its own harvests. The data shows almost no link: monthly moves correlate at 0.06 and yearly moves at 0.20.

• 0.06 monthly change correlation
• 0.20 12-month change correlation
• 1.18 fitted elasticity

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