Potash and Tobacco

Their prices have moved together.

Potash (commodity) and Tobacco (commodity): 1 relationship.

How they are linked

1. Price link: fertiliser cost

Cost and price · Weak · Both ways

Tobacco needs a lot of potassium for good leaf burn and quality, so potash is a key fertiliser. Prices do not follow it, with monthly moves correlated at 0.01, because leaf contracts and quality premiums set prices.

• 0.01 monthly change correlation
• -0.15 12-month change correlation
• 0.06 fitted elasticity

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