Skip to Main Content

SCM 4351 - Strategic Sourcing and Spend Analysis (Wayhan)

This guide was designed to help with the Halliburton Strategic Sourcing Competiton

Pricing for Small Quantities

If you are looking for smaller quantities of a chemical, for example purchasing by the gram, or kilogram, chemical pricing is usually easy to obtain. You can look to any individual chemical vendor for pricing, or check one of the sources below to get prices from multiple companies at once.

If you need to look for large quantities of a chemical, see the other tools on this page.

Pricing for Bulk Quantities

Pricing for bulk quantities tends to be much more difficult to find. Here are a few reasons:

  • Prices can change quickly depending on many factors, like quality, location, time of year, industry conditions, and other variables.
  • Companies offering bulk quantities of chemicals want to know who their potential customers are.
  • Chemical pricing information can be very valuable to a company, so it's often not free, or if available not widely published.

When searching for bulk pricing for a chemical or chemicals, we recommend starting with business databases. Below are some business databases that contain articles on the chemical industry, and may occasionally include market information like pricing. Try searching using the name of the chemical you are looking for AND price, or just by the name of the chemical.

If you don't find pricing in one of the business databases, start searching individual chemical industry trade journals and magazines.

Next, try looking for web sources. The list below is a great place to start, but try a basic web search, too.

Finally, if you can only find outdated prices consider estimating using an inflation factor. You can find inflation factors in trade magazines, like "Chemical Engineering" to help you make a more accurate estimate.

C=current pricing, Cyr=previous year's pricing, i=inflation factor, Δt=time