India's Hurl receives no offers in 20-20-0+13S tender

Indian public-sector fertilizer company Hindustan Urvarak and Rasayan (Hurl) received no offers against its tender to buy 20-20-0+13S, which sought delivery of 30,000t to India's west coast and 30,000t to the east coast, the company said.

The closing date was 5 August, and the minimum offer quantity was 30,000t.

Submissions were to be opened on 6 August. Offers had to be valid for 30 days from that date.

The lack of submissions to Hurl follows fellow Indian importer Hindalco receiving no offers in its tender to buy 25,000-50,000t each of TSP and various complex fertilizers for end-of-September/early-October arrival.

The complex fertilizers that Hindalco requested were 10-26-26, 12-32-16, 15-15-15, 16-16-16, 16-20-0+13s and 20-20-0+13S.

The lack of offers of NPS/NPK grades in the recent tenders has surprised at least some in the market.

But a tender from India's Fact, which requested two 20,000t lots of 15-15-15 and will close on 9 August, is expected to generate supplier interest.

By David Maher