Flavours and fragrances and Oranges & juice
Their prices have moved together.
Flavours and fragrances (chemical) and Oranges & juice (commodity): 1 relationship.
How they are linked
1. Price link: by-product
Cost and price · Weak · Both ways
Juice making leaves orange peel, which yields orange oil and limonene, valued ingredients in flavours, fragrances and cleaners. The US flavours index shows no tie with the orange price: monthly moves correlate at minus 0.06 and yearly moves at 0.02.
- -0.06 monthly change correlation
- 0.02 12-month change correlation
- 0.07 fitted elasticity
Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.