Material Insights · Understanding the Material World

Sugar and Tea

Their prices have moved together.

Sugar (commodity) and Tea (commodity): 1 relationship.

How they are linked

1. Price link: complementary product

Cost and price · Weak · Both ways

Much tea, especially in India, is drunk with sugar, but this does not tie the prices. Monthly moves correlate at 0.18 and yearly moves at 0.18, a weak link probably reflecting general commodity cycles.

  • 0.18 monthly change correlation
  • 0.18 12-month change correlation
  • 0.26 fitted elasticity

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