{"id":37976,"date":"2017-01-06T10:22:49","date_gmt":"2017-01-06T09:22:49","guid":{"rendered":"https:\/\/greenchemstaging.maarevenonline.nl\/adblue-price-index\/"},"modified":"2023-07-28T15:59:58","modified_gmt":"2023-07-28T13:59:58","slug":"adblue-price-index","status":"publish","type":"page","link":"https:\/\/greenchemstaging.maarevenonline.nl\/hr\/adblue-price-index\/","title":{"rendered":"AdBlue\u00ae index &#038; Urea Index"},"content":{"rendered":"<p>The AdBlue<sup>\u00ae<\/sup> index is based on two sub-indices:<br \/>\nA. 40% based on the&nbsp;<strong>Urea (Prill) fob Baltic<\/strong>&nbsp;price. This index is calculated based on the monthly CRU report&nbsp;<strong>Urea prilled bulk Baltic Average\u2013FOB<\/strong><br \/>\nB. 60% based on the&nbsp;<strong>Eurostat Consumer price index<\/strong>. This index is calculated based on the data published on Eurostat site, using the index figures of the month prior to the month published.<br \/>\n<a href=\"http:\/\/ec.europa.eu\/eurostat\/tgm\/table.do?tab=table&amp;init=1&amp;language=en&amp;pcode=teicp000\">http:\/\/ec.europa.eu\/eurostat\/tgm\/table.do?tab=table&amp;init=1&amp;language=en&amp;pcode=teicp000<\/a>&nbsp;&nbsp;HICP (Harmonized Indices of Consumer Prices) \u2013All items \u2013 Index (2015 = 100) \/ Euro area (19 countries).<\/p>\n<p>The exchange rate EUR \u2013 USD can be found at the website of the&nbsp;<strong>ECB<\/strong>:&nbsp;<a href=\"https:\/\/www.ecb.europa.eu\/stats\/policy_and_exchange_rates\/euro_reference_exchange_rates\/html\/eurofxref-graph-usd.en.html\">https:\/\/www.ecb.europa.eu\/stats\/exchange\/eurofxref\/html\/eurofxref-graph-gbp.en.html<\/a>. Below you will find a&nbsp;detailed description with an example of how the index is calculated.<\/p>\n<p>The monthly index developments are published further on this website.<\/p>\n<h3><strong>Detailed description with an example of how the AdBlue<\/strong><strong><sup>\u00ae<\/sup><\/strong><strong> index is calculated:<\/strong><\/h3>\n<ol>\n<li><strong>Urea (Prill) fob Baltic (metric ton)<\/strong><\/li>\n<\/ol>\n<p>CRU Report publishes every week a quotation for Urea prilled bulk prices FOB Baltic High. The monthly index is calculated as follows: take the average monthly US $ from the CRU report, convert it into EUR against the average monthly exchange rate as published by ECB and calculate the monthly index from this quotation.<\/p>\n<p>At the end of the first week of the month, the index variation is calculated: this index variation equals the variation between the last known month index divided by the previous one.<\/p>\n<p>As an example we calculate the urea index variation per January 1<sup>st<\/sup>, 2016:<br \/>\nUrea prilled bulk Baltic fast ports fob average December 2015: 226,16<br \/>\nUrea prilled bulk Baltic fast ports fob average November 2015: 239,60<br \/>\nUrea index variation for January 2016 Q1: (226,16 \u2013 239,60) \/ 239,60 = -5,61%<\/p>\n<p>Ad&nbsp;B.&nbsp;<strong>Eurostat Consumer price index<\/strong><\/p>\n<p>At <a href=\"https:\/\/ec.europa.eu\/eurostat\/tgm\/table.do?tab=table&amp;init=1&amp;language=en&amp;pcode=teicp000&amp;plugin=1\">https:\/\/ec.europa.eu\/eurostat\/tgm\/table.do?tab=table&amp;init=1&amp;language=en&amp;pcode=teicp000&amp;plugin=1<\/a>,&nbsp; you can find the indexation in the Euro area (19 countries).<\/p>\n<p>At the end of the first week of the month, the index variation is calculated: this <span style=\"text-decoration: line-through;\">i<\/span>ndex variation equals the variation between the last known month index divided by the previous one.<\/p>\n<p>As an example we calculate the consumer price index variation per January 1<sup>st<\/sup>, 2016:<br \/>\nConsumer price HICP \u2013 All items \u2013 Index (2015 = 100) December 2015: 100,19<br \/>\nConsumer price HICP \u2013 All items \u2013 Index (2015 = 100) November 2015: 100,34<br \/>\nConsumer price index variation for January 2016: (100,19 \u2013 100,34) \/ 100,34 = -0,15%<\/p>\n<p>Price update per January 1<sup>st<\/sup>, 2016:<br \/>\n40% of Urea index variation: 40% of -5,61% = -2,24%<br \/>\n60% of Consumer price index variation: 60% of -0,15 % = -0,09%<\/p>\n<p>Price decrease per January 1<sup>st<\/sup>, 2016 = 2,33%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The AdBlue\u00ae index is based on two sub-indices: A. 40% based on the&nbsp;Urea (Prill) fob Baltic&nbsp;price. This index is calculated based on the monthly CRU report&nbsp;Urea prilled bulk Baltic Average\u2013FOB B. 60% based on the&nbsp;Eurostat Consumer price index. This index is calculated based on the data published on Eurostat site, using the index figures of &hellip; <a href=\"https:\/\/greenchemstaging.maarevenonline.nl\/hr\/adblue-price-index\/\">pro\u010ditajte vi\u0161e<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"templates\/template-indexes.php","meta":{"_acf_changed":false,"_seopress_robots_primary_cat":"","_seopress_titles_title":"AdBlue\u00ae price index - GreenChem AdBlue4you","_seopress_titles_desc":"Looking for the AdBlue\u00ae price index? At GreenChem, we are updating this part of the site every month to provide you the right information anytime!","_seopress_robots_index":"","footnotes":""},"class_list":["post-37976","page","type-page","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/greenchemstaging.maarevenonline.nl\/hr\/wp-json\/wp\/v2\/pages\/37976","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/greenchemstaging.maarevenonline.nl\/hr\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/greenchemstaging.maarevenonline.nl\/hr\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/greenchemstaging.maarevenonline.nl\/hr\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/greenchemstaging.maarevenonline.nl\/hr\/wp-json\/wp\/v2\/comments?post=37976"}],"version-history":[{"count":1,"href":"https:\/\/greenchemstaging.maarevenonline.nl\/hr\/wp-json\/wp\/v2\/pages\/37976\/revisions"}],"predecessor-version":[{"id":37979,"href":"https:\/\/greenchemstaging.maarevenonline.nl\/hr\/wp-json\/wp\/v2\/pages\/37976\/revisions\/37979"}],"wp:attachment":[{"href":"https:\/\/greenchemstaging.maarevenonline.nl\/hr\/wp-json\/wp\/v2\/media?parent=37976"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}