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CHEME 4620: Chemical Process Design (Spring 2017): Chemical Prices

Learn important ways to become more efficient when it comes to finding information.

Chemicals and Feedstock Prices Strategies

Finding chemical prices is challenging since information providers want to sell this information at premium prices. There are several strategies, you will likely need to try several ways and be persistent. One strategy is to look up the chemical first and see how it is produced. Perhaps research those chemical prices instead. Look up prices in either Bloomberg, Datastream, UN ComtradeCEIC and graph them over time so you can see fluctuations in price.

OPIS - has samples of pricing for gasoline, LPG/NLG, diesel, jet fuel, natural gas, renewables. Click on View Sample.

International Commodities DataUN Comtrade - lists global annual trade statistics and commodities since 1962  and monthly statistics since 2010

Chemical Profiles in ICIS Chemical Business - relevant issues with chemicals and prices are detailed in this document from University of Texas, Austin (recent prices are not in our academic subscription). ICIS Chemical Business from Proquest has full-text articles.

ICIS Chemical Business search "chemical profile" and "name of chemical."  Prices are not included after 2010, but you can predict later prices with multipliers from "economic indicators" in the journal Chemical Engineering, which is in Proquest.  The multiplier for "producer prices, industrial chemicals" has 1982 being 100. If the multiplier for Sept. 1999 is 119.4 then Sept. 1999 prices were 19.4% higher than 1982 prices. By knowing the 1999 price or 1982 price one can determine approximate price in a given year.

Chemical Week, ICIS Chemical Business, Chemical Engineering, and the IHS U.S. Industry Quarterly Review: Chemicals are available from several vendors, check the library catalog in the e-journal title listing for the latest sources.

Factiva has trade journals, such as Platt's publications. Click on "Search," then type gasoline price (as an example) select/type "Platt's all sources" from the Source. Platt's Oilgram Price Report is also good. See screencast for searching instructions.

Datastream - is limited to in-house use on workstations in the Management Library. We'll provide link to historical yearly prices here because it gets such heavy use. Not all chemicals prices are available. It's in Excel, be sure to scroll to see everything.

Bloomberg - is a single-use station in Management, Hotel, and Mann Libraries. It lists commodity prices as well as a other financial information.

ICIS Chemical Hub Page for Students, Academics -  Includes static page listing 2006 prices for student use. Extrapolate later prices using a multiplier from "economic indicators" in Chemical Engineering. Includes news archive, relevant Twitter feeds and blogs, and interviews with key figures in the global chemical industry.

Libguide on Finding Chemical Prices - by David Hubbard, Texas A & M University is an excellent source that explains several methods.

Chicago Mercantile Exchange - has prices of natural gas, crude oil. Look for Marker Prices for London and Singapore prices. 

Drug Pricing - see International Drug Price Indicators and the Medicare sites below.

Financial Times Commodities has historical prices for some chemicals, as does the  Financial Times Archive 

MT - stands for Metric Ton

Sigma-Aldrich: -  lists prices for thousands of chemicals, albeit in very small amounts.  You will need to extrapolate the price to get a figure that could be used in designing a chemical plant or process.  Suppliers listed may also be willing to provide a free quote to a student for larger quantities.

More Sources for Prices


Contact us at the Management Library -
if you encounter any trouble finding chemical prices or industry research.