Bangladesh gets DAP, TSP offers in tender

Spanish Market: Fertilizers
18/11/24

Bangladesh's ministry of agriculture got offers for 120,000t of DAP ranging $678.40-717.00/t cfr and 113,000t of TSP ranging $561.90-585.00/t cfr in its latest private-sector tender, which closed today.

The ministry received four offers for DAP in the tender as follows:

Bulk Trade International — 40,000t at $678.40/t cfr
Saifullah Takwa — 40,000t at $711/t cfr
Taiba Saifullah (G.L.) — 20,000t at $711/t cfr
Taiba Saifullah (S.A.) — 20,000t at $717/t cfr

And five offers for TSP as follows:

Bulk Trade International — 30,000t at $561.90/t cfr
Mounata Trade Index — 20,000t at $584/t cfr
Alif Trading Corporation — 3,000t at $585/t cfr
Noapara Traders — 30,000t at $585/t cfr
Taiba Saifullah (S.A) — 30,000t at $585/t cfr

The ministry of agriculture likely awarded the offers received under its 10 November private-sector tender. Trading firms had offered 94,000t of DAP at $692-697/t cfr and 30,000t of TSP at $573/t cfr under the tender.

By Tom Hampson

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