Fact India extends phosphoric acid buy tender deadline

: Fertilizers
24/09/03

Indian fertilizer producer and importer Fact has pushed back the closing date of its 30 August tender to buy 12,000t of phosphoric acid after failing to receive any offers. The tender will now close tomorrow.

It stipulated arrival at Cochin port on India's southwest coast before 20 September. Offers are to be valid for a week after opening.

Fact received no offers in its previous tender to buy two phosphoric acid cargoes of 8,000-12,000t each which closed on 12 August.

Fact's 16 August tender for 20,000t of phosphate rock, which saw three regional trading firms offer, has also still not been awarded.

By Mike Nash

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24/09/03

India's NFL opens prices under 29 August urea tender

Amsterdam, 3 September (Argus) — Indian fertilizer importer NFL has opened prices submitted in its 29 August urea buy tender, which saw the lowest levels at $340/t cfr west coast and $349.88/t cfr east coast, and valid offers totalling 3.87mn t. OQ Trading offered 400,000t at $340/t cfr west coast, while Ameropa offered just over 136,000t at $349.88/t cfr east coast. These offers are the lowest and set to be automatically accepted as per tender rules. There were eight other offers in the $340s/t cfr west coast, while the bulk of the east coast offers were in the $350s/t cfr. Offers to the west coast totalled 1.97mn t and 1.86mn t to the east coast. PIC also offered 45,000t at $362/t fob Bahrain, bringing overall valid volumes to 3.87mn t. One trading firm, which had offered 50,000t to the west coast, was disqualified. NFL has requested that cargoes load to the end of October. The full breakdown of offers is as below, but there was no confirmation from the parties involved. By Harry Minihan India's NFL 29 August urea tender offers t Supplier East coast $/t cfr EC West coast $/t cfr WC Fob $/t fob Sun International 100,000 352.40 0 0 Midgulf International 150,000 355.15 150,000 350.15 0 Agricommodities (ETG) 150,000 363.12 47,500 345.60 0 RE Energy 0 50,000 358.50 0 Fertistream 80,000 356.00 80,000 351.00 0 Dreymoor 100,000 374.92 100,000 367.92 0 Ameropa Asia 136,300 349.88 136,300 346.48 0 Indagro 42,500 351.00 42,500 346.00 0 Continental 100,000 357.00 100,000 341.25 0 Samsung 135,000 352.90 135,000 345.20 0 Aditya Birla 200,000 353.00 200,000 345.45 0 PIC 0 0 45,000 362 Hexagon 50,000 357.09 50,000 355.09 0 OQ Trading 100,000 355.50 400,000 340.00 0 Coastal Chemical 90,000 360.00 90,000 353.00 0 Koch 95,000 361.95 95,000 356.95 0 Keytrade 50,000 359.50 50,000 355.00 0 Macrosource 45,000 362.00 45,000 355.00 0 Medallion 50,000 357.50 50,000 344.50 0 Alkagesta 45,000 356.00 45,000 350.00 0 Agrifields 40,000 359.00 0 0 Sabic 100,000 357.50 100,000 345.50 0 Sub-total 1,858,800 1,966,300 45,000 Lowest Lowest Grand total 349.88 340 3,870,100 Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.

Suppliers offer 3.87mn t of urea to India's NFL: Update

24/09/03

Suppliers offer 3.87mn t of urea to India's NFL: Update

Adds breakdown of offer tonnages Amsterdam, 3 September (Argus) — Indian fertilizer importer NFL has opened technical offers for its 29 August tender to buy, with 22 valid offers totalling 3.87mn t of urea. Offers to the west coast total 2.016mn t and 1.809mn t to the east coast. There was 45,000t offered by PIC on a fob basis, bringing overall volumes to 3.92mn t. One trading firm, which offered 50,000t to the west coast, was disqualified. OQ Trading led west coast volumes with 400,000t, while Aditya Birla offered the most to the east coast with 200,000t. Prices are expected shortly. The breakdown of offer tonnages is likely to match the accompanying table, although there has been no confirmation from the parties involved. By Harry Minihan India NFL 29 August urea tender (t) Supplier West coast cfr East coast cfr Fob Sun International 50,000 50,000 0 Midgulf International 150,000 150,000 0 Agricommodities (ETG) 150,000 47,500 0 RE Energy 0 50,000 0 Fertistream 80,000 80,000 0 Dreymoor 100,000 100,000 0 Ameropa Asia 136,300 136,300 0 Indagro 42,500 42,500 0 Continental 100,000 100,000 0 Samsung 135,000 135,000 0 Aditya Birla 200,000 200,000 0 PIC 45,000 Hexagon 50,000 50,000 0 OQ Trading 100,000 400,000 0 Coastal Chemical 90,000 90,000 0 Koch 95,000 95,000 0 Keytrade 50,000 50,000 0 Macrosource 45,000 45,000 0 Medallion 50,000 50,000 0 Alkagesta 45,000 45,000 0 Agrifields 40,000 0 0 Sabic 100,000 100,000 0 Sub-total 1,808,800 2,016,300 45,000 Total 3,870,100 Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.

Kuwait's KPC raises Sep sulphur price to $123/t fob

24/09/03

Kuwait's KPC raises Sep sulphur price to $123/t fob

London, 3 September (Argus) — Kuwait's state-owned sulphur supplier KPC has set its September Kuwait sulphur price (KSP) at $123/t fob, up by $17/t from $106/t fob in August. The latest adjustment for September implies delivered pricing to China of $151-157/t cfr at current freight rates, which were last assessed on 29 August at $26-28/t to south China and at $30-32/t to Chinese river ports for a shipment of 30,000-35,000t. This follows Qatari state-owned sulphur producer and marketer Muntajat/Qatar Energy's announcement of its September sulphur price at $125/t fob Qatar late last week. KPC issued two spot tenders of granular sulphur for loading during September, which each offered 30,000t plus or minus 10pc. The tenders closed during August, with both likely awarded in the mid-upper $120s/t fob. By Maria Mosquera Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.

Ethiopia's EABC seeks to buy 250,000t of urea: Update

24/09/02

Ethiopia's EABC seeks to buy 250,000t of urea: Update

Adds shipping schedule details Amsterdam, 2 September (Argus) — Ethiopia's EABC has issued a tender to buy 250,000t of urea in five lots for September-October loading, closing on 17 September. The importer has outlined the following shipment schedule for arrival in Djibouti: Lot 1: loading by 30 September-4 October, arrival by 10 October Lot 2: loading by 6-10 October, arrival by 15 October Lot 3: loading by 11-15 October, arrival by 20 October Lot 4: loading by 16-20 October, arrival by 25 October Lot 5: loading by 21-25 October, arrival by 15 November Offers can be submitted on a fob or cfr basis. The tender follows EABC's enquiries in July and April . The loading window is set to tighten the balance east of Suez in the coming months, with a purchase tender in major buyer India also under way for cargoes shipping to the end of October. By Harry Minihan Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.

Ethiopia's EABC issues tender to buy 250,000t of urea

24/09/02

Ethiopia's EABC issues tender to buy 250,000t of urea

Amsterdam, 2 September (Argus) — Ethiopia's EABC has issued a tender to buy 250,000t of urea for September-October shipment, closing on 17 September. Offers can be submitted on a fob or cfr basis. The tender follows EABC's enquiries in July and April . The loading window is set to tighten the balance east of Suez in the coming months, with a purchase tender in major buyer India also under way for cargoes shipping to the end of October. By Harry Minihan Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.

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