Integer Research: Urea prices back to 2005 levels
12/19/2008
Integer Research:
Urea prices back to 2005 levels
Following the record highs of summer 2008, the urea price has now hit the floor. The benchmark Yuzhny price has collapsed to US$225/tonne, a price not seen since the roll out of SCR technology in 2005. Urea isn’t alone; prices have been tumbling throughout the world’s commodity markets including, most importantly for AdBlue producers, diesel.
The January ’09 issue of the AdBlue Monitor will focus on the implications of these price collapses for the AdBlue market as it moves from a high to low-cost production model.
2008 has been an important year for AdBlue infrastructure. Major mineral oil companies have completed or increased their investment in a Europe-wide AdBlue pump infrastructure and a comprehensive review will be included. And with only a year to go until the roll-out of SCR equipped trucks in the US, the Monitor will continue its coverage of the US market in the run-up to 2010.
The Monitor also charts demand for AdBlue from the European road transport sector and will investigate the impact the credit crunch has had on heavy-duty truck sales and how this will feed through into the AdBlue market. Country round-ups, price discovery (retail pump, IBC and bulk) are included as well as a European news review and the latest developments from around the world.
Technorati Tags: urea price, AdBlue Monitor, SCR technology, 2010