# Pepper & spices and Tankers, barges and fuel trucks

Their prices have moved together.

Source page: https://www.materialinsights.org/links/pepper-and-spices-and-tankers-barges-and-fuel-trucks/

[Pepper & spices](https://www.materialinsights.org/commodities/spices/) (commodity) and [Tankers, barges and fuel trucks](https://www.materialinsights.org/energy/e_tankers/) (energy): 1 relationship.

## How they are linked

### 1. Price link: freight cost

*Cost and price · Weak · Both ways*

Most spices are shipped in containers from Asia to Europe and America, so freight rates affect landed costs. The freight proxy is a deep sea index, and monthly moves correlate at minus 0.08 and yearly moves at 0.13.

- **-0.08** monthly change correlation
- **0.13** 12-month change correlation
- **0.69** fitted elasticity

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