# Crude oil and Vitamins

Crude oil is a raw material for vitamins; their prices have moved together.

Source page: https://www.materialinsights.org/links/crude-oil-and-vitamins/

[Crude oil](https://www.materialinsights.org/energy/crude_oil/) (energy) and [Vitamins](https://www.materialinsights.org/chemicals/vitamins/) (chemical): 2 relationships.

## How they are linked

### 1. Feedstock

*Physical flow · Direct · Crude oil → Vitamins*

Vitamins is made from crude oil: it is one of the raw materials its production routes start from.

### 2. Price link: feedstock cost

*Cost and price · Weak · Both ways*

Vitamins A and E are synthesised through petrochemical intermediates such as citral and isophytol. Oil matters little against plant outages, and the proxy, a US index for vitamin preparations, shows no link with monthly moves at -0.01.

- **-0.01** monthly change correlation
- **-0.20** 12-month change correlation
- **-0.05** fitted elasticity

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