Pharma starting materials and intermediates: Relationships

Every element and industry that Pharma starting materials and intermediates is linked to, and how. Each pair has its own card explaining the relationships between the two.

• Pharmaceuticals: Key starting materials and intermediates are the chemical building blocks of every API, and India, a large generic drug maker, bought about 72% of its bulk drug and intermediate imports from China in FY2023-24; the PLI scheme for bulk drugs has started domestic output but has not yet cut that share. (researched)
• Crude oil: Crude oil is a raw material for pharma starting materials and intermediates; their prices have moved together.
• Benzene: Their prices have moved together.
• Methanol: Their prices have moved together.