India's RCF issues tender to buy NPS

Indian fertilizer importer RCF is seeking to buy 35,000t of 20-20-0+13S through a tender that closes on 20 February.

The company is seeking shipment of the product during March, and the tender is open only to suppliers with which RCF has signed long-term agreements.

The NPS side of India's import market has been quiet in recent weeks, although large-scale NPK trade has continued.

The relative lack of NPS activity has helped to keep the Argus assessment for Indian imports of 20-20-0+13S flat since mid-January at $388-394/t cfr duty free/paid.

RCF has also issued a fresh tender to buy 50,000t of DAP.

By David Maher