Insecticides and Rice
Their prices have moved together.
Insecticides (chemical) and Rice (commodity): 1 relationship.
How they are linked
1. Price link: crop demand
Cost and price · Weak · Both ways
Rice paddies in India and Asia are a big market for insecticides against brown planthopper and stem borer. Rice prices, often shaped by government policy, do not track the US index: monthly and yearly moves correlate at 0.00.
- -0.00 monthly change correlation
- -0.00 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.