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Michigan State University

CHE 434 - Chemical Engineering

Resources to assist engineering students with CHE 434, the department's capstone design course.

Chemical Pricing Resources

Important Facts:

- There is no single, authoritative source of prices for bulk chemicals.
- The most reliable sources are generally not available to academic audiences & libraries.

Resources to find bulk prices of Chemicals

BuyersGuideChem - directory of chemicals & chemical suppliers

ChemExper -Catalog of Chemical Suppliers

Fisher Scientific - product catalog

Millipore Sigma - chemical products & services

Adjusting Older Chemical Prices Using a PPI

Current bulk chemical prices can be estimated by adjusting older chemical prices to current levels using a Producer Price Index (PPI). The Federal Reserve Bank of St. Louis lists a number of Producer Price Indices for Chemicals and Allied Products.                                           

Updated Price = Older Price x [(Cost Index at Newer Date) / (Cost Index at Older Date)]

FRED- Producer Price Indexes for Chemicals & Allied Products

The conference paper below describes using the Producer Price Index to adjust older chemical prices. 
Hubbard, D. E. (2021, March), Efficacy of Using Producer Price Indexes for Bulk Chemical Prices in Student Design Projects Paper presented at ASEE 2021 Gulf-Southwest Annual Conference, Waco, Texas - https://peer.asee.org/efficacy-of-using-producer-price-indexes-for-bulk-chemical-prices-in-student-design-projects

 

Try a Literature Search in these databases for news and trade articles about chemical prices:

Business Source Complete

Factiva - only 6 users at a time.

Nexis Uni