Crude oil and Sunflower

Their prices have moved together.

Crude oil (energy) and Sunflower (commodity): 1 relationship.

How they are linked

1. Price link: energy price link

Cost and price · Moderate · Both ways

Crude oil affects vegetable oils through biofuel demand, fertiliser and freight costs. For sunflower oil this common driver shows moderately: monthly moves correlate at 0.34 and yearly moves at 0.58.

• 0.34 monthly change correlation
• 0.58 12-month change correlation
• 0.57 fitted elasticity

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