Groundnuts and Sunflower
Their prices have moved together.
Groundnuts (commodity) and Sunflower (commodity): 1 relationship.
How they are linked
1. Price link: substitute oil
Cost and price · Moderate · Both ways
Sunflower oil is another premium cooking oil that competes with groundnut oil. The kernel price barely shows this: monthly moves correlate at 0.09 and yearly moves at 0.38, because the food nut market sets most of the value.
- 0.09 monthly change correlation
- 0.38 12-month change correlation
- 0.40 fitted elasticity
Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.