# Rapeseed and Sunflower

Their prices have moved together.

Source page: https://www.materialinsights.org/links/rapeseed-and-sunflower/

[Rapeseed](https://www.materialinsights.org/commodities/rapeseed/) (commodity) and [Sunflower](https://www.materialinsights.org/commodities/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.