Cotton and Wool

Their prices have moved together.

Cotton (commodity) and Wool (commodity): 1 relationship.

How they are linked

1. Price link: substitute fibre

Cost and price · Strong · Both ways

Wool and cotton are both natural fibres for clothing, sold to the same spinning mills in China. Monthly moves correlate at 0.36 and yearly moves at 0.61, reflecting textile demand and the global economy.

• 0.36 monthly change correlation
• 0.61 12-month change correlation
• 0.61 fitted elasticity

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