# Cotton and Tobacco

Their prices have moved together.

Source page: https://www.materialinsights.org/links/cotton-and-tobacco/

[Cotton](https://www.materialinsights.org/commodities/cotton/) (commodity) and [Tobacco](https://www.materialinsights.org/commodities/tobacco/) (commodity): 1 relationship.

## How they are linked

### 1. Price link: competing crop

*Cost and price · Weak · Both ways*

In parts of India, China and Africa, farmers choose between tobacco and cotton on the same land. The data shows no link: monthly moves correlate at 0.03 and yearly moves at minus 0.08, because tobacco is sold on contracts and auctions with set grades.

- **0.03** monthly change correlation
- **-0.08** 12-month change correlation
- **0.17** fitted elasticity

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