India's Fact issues tender to buy NPS

Indian fertilizer importer Fact has issued a tender to buy two 20,000t cargoes of 20-20-0+13S. The tender closes on 25 September.

Fact requests delivery of one cargo to Kakinada and the other to Tuticorin, both on India's east coast. The firm seeks an arrival laycan for both cargoes of 1-31 December.

The most recent buy tender from an Indian importer for 20-20-0+13S — issued by Hurl for up to 70,000t — resulted in no offers being submitted.

Fact has also been seeking 15-15-15. It is scheduled to close a tender on 23 September for 30,000t of the product.

The latter 15-15-15 request was issued despite Fact having been offered two 25,000t cargoes of the grade by a trading firm in a tender that closed last week.

A deal has not been completed under the earlier 15-15-15 tender, but discussions have been taking place.

By David Maher