Rapeseed and Sunflower

Their prices have moved together.

Rapeseed (commodity) and Sunflower (commodity): 1 relationship.

How they are linked

1. Price link: substitute oil

Cost and price · Strong · Both ways

Sunflower oil and rapeseed oil compete in European kitchens and food factories, and both come largely from the Black Sea and Europe. They move nearly together: monthly moves correlate at 0.69, yearly moves at 0.91 and the last five years at 0.76.

• 0.69 monthly change correlation
• 0.91 12-month change correlation
• 0.77 fitted elasticity

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