Cotton and Dyes
Their prices have moved together.
Cotton (commodity) and Dyes (chemical): 1 relationship.
How they are linked
1. Price link: main end use
Cost and price · Weak · Both ways
Reactive dyes colour cotton, and Indian dye makers sell heavily to cotton textile mills. Cotton prices follow harvests more than mill activity, so monthly moves correlate at only 0.05, rising to 0.23 over the last five years.
- 0.05 monthly change correlation
- 0.04 12-month change correlation
- 0.21 fitted elasticity
Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.