Material Insights · Understanding the Material World

Insecticides and Tobacco

Their prices have moved together.

Insecticides (chemical) and Tobacco (commodity): 1 relationship.

How they are linked

1. Price link: crop protection

Cost and price · Weak · Both ways

Tobacco needs regular pest control, so insecticides are a growing cost. The US index shows no tie with leaf prices: monthly moves correlate at minus 0.02 and yearly moves at minus 0.13.

  • -0.02 monthly change correlation
  • -0.13 12-month change correlation
  • 0.76 fitted elasticity

Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.