Chemical Price Trends – 2010 Market Opportunity Study
This report details and updates for the end of 2009 specific price changes for a variety of chemicals used to make a wide range of products that either are already being made from soy derivatives or could be made from soy derivatives if affordable technology were available. It also contrasts those changes with the more stable price of soybean oil and soy protein. The price trend report was first done for the United Soybean Board (USB) in 2005, and was updated in 2008. This report for 2010 includes for the first time the implications for soy in the fiber and surfactant market areas. A chart in the report tracks the price change for 15 years for soy oil and meal versus crude petroleum and natural gas as feedstocks for industrial chemical products.