DAP and MAP and Rice

Their prices have moved together.

DAP and MAP (chemical) and Rice (commodity): 1 relationship.

How they are linked

1. Price link: input cost

Cost and price · Weak · Both ways

Phosphate fertilisers such as DAP are another key paddy input and are also subsidised in India. The link is modest, monthly moves at 0.19 and yearly moves at 0.27, stronger than with urea but still weak.

• 0.19 monthly change correlation
• 0.27 12-month change correlation
• 0.24 fitted elasticity

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