Tea and Urea

Their prices have moved together.

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

How they are linked

1. Price link: fertiliser cost

Cost and price · Weak · Both ways

Tea bushes need heavy nitrogen fertiliser, so urea is a key estate cost, and costly fertiliser lowers yields when estates cut back. The auction price barely shows it: monthly moves correlate at 0.14 and yearly moves at 0.19.

• 0.14 monthly change correlation
• 0.19 12-month change correlation
• 0.09 fitted elasticity

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