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How do I find chemical suppliers? Where can I find bulk chemical prices?

March 26, 2024

How do I find chemical suppliers?

LookChem is a long-term and stable chemical trading platform. You can find the products and supply information you need on the LookChem platform. When you post an inquiry, you will easily obtain the product details and prices of high-quality suppliers of the corresponding products. Of course, you can find chemical supply information through the following channels:

  • Industry Consulting Agencies:
    Contact industry consulting agencies that specialize in the chemical sector. They conduct surveys and research to evaluate market size, technical strength, product quality, and service level of various suppliers. Some prominent consulting agencies in the chemical industry include McKinsey & Company, Bain & Company, and Deloitte.


  • Industry Exhibitions:
    Attend industry exhibitions and trade shows focused on the chemical sector. These events provide opportunities to meet and interact with different chemical raw material suppliers, learn about their products and services, and compare offerings. Examples of such exhibitions include Chemspec Europe, Chem Show, and CPhI Worldwide.


  • Chemical Raw Material E-commerce Platforms:
    Utilize chemical raw material e-commerce platforms to find a wide range of suppliers offering various chemical products. Platforms like LookChem provide supplier information and allow you to request quotes conveniently. Other platforms include Alibaba, Thomasnet, and ChemNet.


  • Financial Reports of Listed Companies:
    Analyze financial reports released by listed chemical companies. These reports often include information about their suppliers, supply chain operations, and key partnerships. By studying these reports, you can gain insights into the strength and reliability of potential chemical suppliers.

Where can I find bulk chemical prices?

To find current bulk chemical prices, you can utilize the following sources and methods:

  1. Business Databases
       - Utilize business databases such as Business Source Complete and ABI/INFORM Complete to search trade journals like Chemical Week and ICIS Chemical Business. Use keywords like the name of the chemical or its abbreviation along with terms like "price" and "production" to find relevant articles reporting current prices.
       - Access these databases through your institution's library or subscription.


  2. Chemical Supplier Directories:
       - Websites like LookChem offer product catalogs with information on chemical suppliers and their prices.
       - Search for the specific chemical you're interested in to find pricing information from suppliers.


  3. SciFinder:
       - If you have access to SciFinderⁿ, you can use CHEMCATS to find verified available quantities, prices, and supplier contact information for commercially available chemical products.
       - Search under "Suppliers" by substance name or CAS RN to find pricing information.


  4. Producer Price Index (PPI):
       - You can estimate current chemical prices using historical prices and a Producer Price Index (PPI). The Federal Reserve Bank of St. Louis provides PPIs for chemical and allied products.
       - Use the formula provided (Updated Price = Old Price x (PPI at New Date)/(PPI at Old Date)) to estimate current prices based on historical data.


  5. Chemical Industry Reports:
       - Such as Deloitte's "2024 Chemical Industry Outlook" may provide insights into current price trends and analysis of bulk chemicals.
       - Look for information on regional dynamics and the impact of commodity prices to understand current market conditions.

 

Certainly! The chemical industry is dynamic, and prices can vary significantly based on these factors. Staying informed about market trends and monitoring industry news is essential for making informed decisions.

 

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