It’s ironic that what is encouraging for the farming community and the environment isn’t necessarily so for the average consumer’s pocketbook. Unfortunately, that’s the reality when it comes to soy wax pricing in 2008.

This year the market is seeing soy prices that have more than doubled since the beginning of 2007. It’s all due to the changing global marketplace for bio-fuels and other products that use soybeans. Just think back to years ago as compared to today; how many soy products were on the market. The amount of soy products was nowhere near the amount you see today. Consider our SoyLuscious® Soy Candles a perfect example. This elegant line of premium all-natural soy candles relies on a consistent supply of soybean oil for soy wax manufacturing.

As an alternative to oil, bio-fuels made from corn and soy plants are becoming increasingly popular. Economics 101 will tell you that supply and demand drive prices in one direction or the other. With the greater demand for soy, prices are climbing. Soy is in many food products and the prices for those products are rising as well. As more soy diverts to bio-fuels, there is less supply to feed the demands of food and other product manufacturers such as Candles of Eden. If we want the soybean oil that is the primary component of our environmentally friendly soy wax candles, we have to pay premium prices to get it. It’s the economic reality of doing business in a global economy today.

U.S. farmers are exporting greater amounts of soy to other parts of the world. They are also supplying more to domestic customers who continually innovate with new products with soy as an ingredient. Soy’s popularity, as evidenced by the SoyLuscious® line of Soy Candles is fueling the price increases. This is where soy’s great benefits do have those unfortunate consequences. While the benefits of using soy products far outweigh any disadvantages, we must admit that higher prices are not fun for anyone. We pay more for soy, you pay more for soy products, and your customers pay more for the soy products they desire.

We at Candles of Eden strive to maintain competitive pricing and pass on any price increases as a last resort, to maintain our position as a premier manufacturer of quality soy candles. We can assure you we diligently shop for the best suppliers who can offer us the best prices on soy while still delivering us consistent quality every time. Our reputation at Candles of Eden rests on providing you and your customers the best quality soy candles at the best price. We refuse to sacrifice quality and manufacture a lower-grade candle. You expect the best from us and that is what we will always deliver to you.

We understand the current economic climate is challenging for you and your customers. While we continue to promote soy to benefit our nation’s farmers, our nation’s economy, and the global environment, we also watch the market. We will strive to provide you all-natural SoyLuscious® Soy Candles at the best price possible.