Energy in farming and Oranges & juice
Their prices have moved together.
Energy in farming (energy) and Oranges & juice (commodity): 1 relationship.
How they are linked
1. Price link: energy cost
Cost and price · Weak · Both ways
Packing, cold storage and refrigerated shipping of fresh oranges and juice use a lot of energy. The diesel proxy correlates with orange prices at only 0.09 for both monthly and yearly moves, as harvests and fruit demand dominate.
- 0.09 monthly change correlation
- 0.09 12-month change correlation
- 0.36 fitted elasticity
Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.