Antibiotic intermediates (6-APA, 7-ACA) and Maize

Maize is a raw material for antibiotic intermediates (6-APA, 7-ACA); their prices have moved together.

Antibiotic intermediates (6-APA, 7-ACA) (chemical) and Maize (commodity): 2 relationships.

How they are linked

1. Feedstock

Physical flow · Direct · Maize → Antibiotic intermediates (6-APA, 7-ACA)

Antibiotic intermediates (6-APA, 7-ACA) is made from maize: it is one of the raw materials its production routes start from.

2. Price link: fermentation feed

Cost and price · Weak · Both ways

Corn starch and glucose syrup are the main fermentation sugars in Chinese plants, with corn steep liquor as a nutrient. Monthly moves correlate at -0.06 with the antibiotics proxy, as feed costs are a small part of final drug prices.

• -0.06 monthly change correlation
• -0.16 12-month change correlation
• -0.27 fitted elasticity

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