Latest market news

Kenya’s NCPB reissues tender for 245,000t fertilizers

  • Market: Fertilizers
  • 09/09/24

Kenya's NCPB has issued a fresh tender, closing on 13 September, to buy around 245,000t of various fertilizers for the 2024-25 season under the country's fertilizer subsidy programme.

NCPB initially sought lower quantities in a tender that was to close on 26 August, requesting 82,868t of various fertilizers. But the tender was suspended, citing an appeal from the Public Procurement Administrative Review Board.

In its latest tender, NCPB said agreed contracts are renewable each season for a period of two years under the subsidy programme.

The 13 September tender requests the following:

  • 25,000t urea (500,000 x 50kg bags)
  • 40,000t CAN 26 (800,000 x 50kg bags)
  • 5,000t amsul (100,000 x 50kg bags)
  • 15,000t 17-17-17 (300,000 x 50kg bags)
  • 15,000t 25-5-5 (300,000 x 50kg bags)
  • 35,000t 23-23-0 (700,000 x 50kg bags)
  • 10,000t crop-specific NPK fertilizer for top dressing with a minimum nitrogen nutrient content of 26pc plus other micronutrients (200,000 x 50kg bags)
  • 70,000t crop-specific NPK fertilizer for planting with a minimum nitrogen nutrient content of 17pc and above, a minimum phosphorus content of 29pc and above, plus other micronutrients (1,400,000 x 50kg bags)
  • 30,000t crop-specific NPK fertilizer for planting with a minimum nitrogen nutrient content of 9-16.99pc, a minimum phosphorus content of 22-28.99pc and above, plus other micronutrients (600,000 x 50kg bags)

The complex fertilizers requested are to be chemically compounded.

Offers are to be made on a delivered-to-NCPB-depot basis.

The tender document also states that a supplier will not be awarded for the supply of more than two fertilizer types.


Sharelinkedin-sharetwitter-sharefacebook-shareemail-share

Related news posts

Argus illuminates the markets by putting a lens on the areas that matter most to you. The market news and commentary we publish reveals vital insights that enable you to make stronger, well-informed decisions. Explore a selection of news stories related to this one.

News
09/09/24

Indonesia to lift sulphur imports on EV battery demand

Indonesia to lift sulphur imports on EV battery demand

Singapore, 9 September (Argus) — Indonesia expects to boost its sulphur imports in the second half of the year because of increased high-pressure acid-leaching (HPAL) operations to support the growing demand for electric vehicle (EV) batteries. Sulphur is used in sulphur burners to produce sulphuric acid, which is used to separate nickel and cobalt from ore in the HPAL process to produce mixed hydroxide precipitate (MHP). MHP is the main feedstock to produce nickel sulphate and nickel cathode, which are the feedstocks for battery, special steel and nickel-based alloy production. Indonesia imported 41pc more sulphur in January-July this year, totalling 1.91mn t, the latest GTT data show. Deliveries from the UAE and Canada more than doubled from a year ago, reaching 478,100t and 258,300t respectively. Imports from Saudi Arabia more than tripled on the year to 609,300t. Sulphuric acid imports over the same period fell by 14pc on the year to 641,700t, after several buyers started new sulphur burners and switched to buying sulphur. Some importers also switched to buying lower priced domestic product following a rise in import offers because of supply constraints in east Asia. Sulphuric acid deliveries from China and the Philippines fell by 56pc and 47pc on the year to 175,700t and 58,800t respectively. Sulphur demand rose this year following the expansion of sulphur burning operations at Obi Island and Sulawesi. Chinese nickel producer Ningbo Lygend's Indonesian subsidiary Halmahera Persada Lygend reached full capacity at its ONC project in north Maluku province on 2 September, just two months after starting operations. This latest expansion brings Lygend's total nickel capacity by HPAL to 120,000t/yr, compared with an estimated 55,000t/yr a year ago. Chinese producer Green Eco-Manufacture's (GEM) QMB HPAL project is also expected to increase its sulphur demand by around 570,000t/yr by the end of 2024 with the start-up of two sulphur burners in the Indonesia Morowali Industrial Park (IMIP). By Deon Ngee Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.

Find out more
News

Methanex to acquire OCI’s methanol business for $2bn


09/09/24
News
09/09/24

Methanex to acquire OCI’s methanol business for $2bn

Houston, 9 September (Argus) — Methanol producer Methanex announced Sunday that it will acquire OCI's international methanol business for $2.05bn. As part of the transaction, Methanex will acquire four primary assets, including a 910,000 t/yr methanol facility and 340,000 t/yr ammonia facility in Beaumont, Texas. Methanex will acquire OCI's 50pc interest in the 1.7m t/yr Natgasoline methanol plant in Beaumont. The acquisition of Natgasoline is subject to a legal proceeding between OCI and Proman, the other 50pc holder in Natgasoline, over certain shareholder rights. If the dispute is not resolved within a certain period, Methanex has the option to exclude the purchase of the Natgasoline joint venture and proceed with the rest of the transaction. The transaction also includes OCI HyFuels, a producer of green methanol products such as biomethanol and bio-MTBE, and trading and distribution capabilities for renewable natural gas (RNG) and ethanol. Additionally, Methanex will acquire an idled 1m t/yr methanol facility in Delfzijl, Netherlands. The purchase price includes $1.15 billion in cash, the issuance of 9.9 million shares of Methanex valued at $450 million and the assumption of about $450 million in debt and leases. The acquisition of fertilizer producer OCI began over a year ago, according to OCI officials. "We identified Methanex as the natural owner of OCI Methanol at the outset of our strategic process, which we initiated in the spring of 2023," OCI executive chairman Nassef Sawiris said. This acquisition moves Methanex, primarily a methanol maker, into the ammonia sector. "From an operating perspective, we have a shared culture of safety and operational excellence, and we expect the OCI team will help us build new skills in ammonia while enhancing our capabilities in the evolving business of low carbon methanol production and marketing," Methanex CEO Rich Sumner said. The deal is expected to close in the first half of 2025. The transaction has been approved by the boards of directors of the two companies and is now awaiting certain regulatory approvals and other closing conditions. The transaction is also subject to approval by a simple majority of the shareholders of OCI. The largest shareholder of OCI, has signed an agreement to vote for the transaction. By Steven McGinn Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.

News

Ivory Coast’s Intercoton issues NPK, urea buy tender


06/09/24
News
06/09/24

Ivory Coast’s Intercoton issues NPK, urea buy tender

London, 6 September (Argus) — Ivory Coast cotton producers association Intercoton is understood to have issued a tender to buy 102,000t of 15-15-15+6S+1B and 30,720t of urea, closing on 7 October. Intercoton is seeking 11,500t less NPKSB and 2,380t less urea than its request under its large-scale tender last year, which it awarded to 16 suppliers . By Nykole King Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.

News

Kazakh sulphur railings curbed by August maintenance


06/09/24
News
06/09/24

Kazakh sulphur railings curbed by August maintenance

London, 6 September (Argus) — Kazakh sulphur delivered to sea ports along the Russian rail network fell by 3pc in August, reflecting maintenance at the Tengiz oil field, Russian rail data show. Rail deliveries from Tengiz dropped by 23pc on the month to 155,000t, with 133,000t heading to Russia's Baltic port of Ust Luga, and 22,000t to Georgia's Black Sea port of Batumi. Operator TCO said on 3 September that it has completed annual Tengiz maintenance . The month-long work was carried out on two of five production trains. But sulphur output from Kazakhstan's Kashagan oil field rose in August, with rail deliveries up by 19pc, at 219,000t. Some 119,000t was sent to Ust-Luga, and 61,000t to Taman, 35,000t to Kavkaz and 4,000t to Batumi — all on the Black Sea. Kashagan will undergo three-four weeks maintenance from around 1 October, which will lead to lower sulphur output. By Maria Mosquera Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.

News

One company offers into 15-15-15 tender by India's Fact


06/09/24
News
06/09/24

One company offers into 15-15-15 tender by India's Fact

London, 6 September (Argus) — Indian fertilizer importer Fact has received offers of two 25,000t cargoes from a trading firm against its most recent tender to buy 15-15-15. But price offers have yet to be opened. The tender — which was a reissue — closed on 5 September . Fact sought two 18,000-25,000t lots of 15-15-15 — inclusive of quantity tolerances — and arrival at discharge ports on or before 10 November. It requested delivery of one cargo to Kakinada and the other to Tuticorin, both on India's east coast. Fact received no offers against its initial 15-15-15 tender , which closed on 9 August. By David Maher Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.

Generic Hero Banner

Business intelligence reports

Get concise, trustworthy and unbiased analysis of the latest trends and developments in oil and energy markets. These reports are specially created for decision makers who don’t have time to track markets day-by-day, minute-by-minute.

Learn more