# Groundnuts and Sunflower

Their prices have moved together.

Source page: https://www.materialinsights.org/links/groundnuts-and-sunflower/

[Groundnuts](https://www.materialinsights.org/commodities/groundnuts/) (commodity) and [Sunflower](https://www.materialinsights.org/commodities/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.