India's Fact reissues tender to buy 15-15-15

Indian fertilizer importer Fact has reissued a tender to buy two 20,000t cargoes of 15-15-15, plus or minus 10pc of the respective quantities.

Fact did not receive any offers against the initial tender, which closed on 9 August. The reissued tender's closing date is 29 August.

As in the original tender, the importer requests delivery of one cargo to Kakinada and the other to Tuticorin, both on India's east coast. In both cases, Fact seeks a laycan at the discharge ports of 15-31 October.

Fellow Indian importers Hurl and Hindalco also received no offers in recent tenders to acquire complex fertilizers. Hurl had sought two 30,000t cargoes of 20-20-0+13S, while Hindalco asked for 25,000-50,000t cargoes of various complex grades and TSP.

By David Maher