# Maize and Vitamins

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

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

[Maize](https://www.materialinsights.org/commodities/maize/) (commodity) and [Vitamins](https://www.materialinsights.org/chemicals/vitamins/) (chemical): 2 relationships.

## How they are linked

### 1. Feedstock

*Physical flow · Direct · Maize → Vitamins*

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

### 2. Price link: feedstock cost

*Cost and price · Weak · Both ways*

Vitamin C, B2 and B12 are fermented from glucose made from maize. Feedstock is a minor cost, and the proxy shows no positive link: monthly moves correlate at -0.12 and yearly moves at -0.28, since outages dominate prices.

- **-0.12** monthly change correlation
- **-0.28** 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.