# Grapes & wine and Soda ash

Their prices have moved together.

Source page: https://www.materialinsights.org/links/grapes-and-wine-and-soda-ash/

[Grapes & wine](https://www.materialinsights.org/commodities/grapes/) (commodity) and [Soda ash](https://www.materialinsights.org/commodities/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.