Insecticides and Phosphate rock
Their prices have moved together.
Insecticides (chemical) and Phosphate rock (commodity): 1 relationship.
How they are linked
1. Price link: organophosphate input
Cost and price · Moderate · Both ways
Organophosphate insecticides such as acephate and chlorpyrifos, used widely on cotton, rice and vegetables, contain phosphorus from phosphate rock. Monthly moves correlate at 0.17 and yearly moves at 0.52 with the pesticides proxy.
- 0.17 monthly change correlation
- 0.52 12-month change correlation
- 0.15 fitted elasticity
Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.