Grapes & wine and Soda ash

Their prices have moved together.

Grapes & wine (commodity) and Soda ash (commodity): 1 relationship.

How they are linked

1. Price link: packaging input

Cost and price · Moderate · Both ways

Wine bottles are made from glass, and soda ash is a main input. The soda ash series is a US alkalies index that also covers caustic soda and chlorine; it correlates with the wineries proxy at 0.19 for monthly moves and 0.34 for yearly moves.

• 0.19 monthly change correlation
• 0.34 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.