Iron ore and Tankers, barges and fuel trucks

Their prices have moved together.

Iron ore (commodity) and Tankers, barges and fuel trucks (energy): 1 relationship.

How they are linked

1. Price link: freight cost

Cost and price · Weak · Both ways

Iron ore is the largest dry bulk cargo, and freight from Brazil to China is a big part of the delivered cost. The proxy is a US deep-sea freight index that shows no monthly correlation (0.01); a dry bulk freight index would fit better.

• 0.01 monthly change correlation
• 0.10 12-month change correlation
• 0.22 fitted elasticity

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