The Integer Meeting for DEF was held in Atlanta this past week on October 21st. Integer reported the 2013 North American DEF volume finishing at 215 million gallons. Truck companies are putting approximately 30,000 new SCR medium and heavy-duty trucks on the road every month in addition to the 900,000 SCR vehicles currently in operation today.
Urea prices have flattened out in the past three months remaining around $300 per ton but projections are mixed as to what will happen in the next three months. In speaking with some of the urea suppliers they don’t anticipate any major movement until March of 2014.
We think it’s safe that you can feel good that DEF will remain stable for at least the next 5-6 months.
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