# Crude oil and Sunflower

Their prices have moved together.

Source page: https://www.materialinsights.org/links/crude-oil-and-sunflower/

[Crude oil](https://www.materialinsights.org/energy/crude_oil/) (energy) and [Sunflower](https://www.materialinsights.org/commodities/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.