Rice and Urea

Their prices have moved together.

Rice (commodity) and Urea (chemical): 1 relationship.

How they are linked

1. Price link: input cost

Cost and price · Weak · Both ways

Paddy farmers use much urea, which India supplies at controlled subsidised prices. The link with world urea is slight, monthly moves at 0.12 and yearly moves at 0.13, turning negative at -0.26 in the last five years, as subsidies shield farmers from fertiliser swings.

• 0.12 monthly change correlation
• 0.13 12-month change correlation
• 0.18 fitted elasticity

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