Iran’s KPIC issues another urea sales tender

Iranian fertilizer producer KPIC has issued a tender to sell 20,000-25,000t of granular urea, closing on 21 February.

KPIC did not request a minimum bid but prices are to be on a bulk fob Bandar Imam Khomeini port basis, for loading by 5 March — similar to another tender issued last week.

KPIC is carrying out a turnaround at its 600,000 t/yr granular urea plant and expects it to come back on line in around two weeks.

By Upasruti Biswas