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.