26 October 2007 09:54 [Source: ICIS news]
LONDON (ICIS news)--Ethiopia’s Ministry of Agriculture and Rural Development (MoARD) has moved quickly to award contracts under its tender for 75,000 tonnes of diammonium phosphate (DAP) fertilizer, traders confirmed on Friday.
Local private importer companies channel DAP into ?xml:namespace>
Under local importer Becho’s tender, Norwegian trader company Yara International was awarded 25,000 tonnes of open origin DAP at $611.35/tonne (€428/tonne) CFRLO (cost and freight liner out).
In Gelema's tender, Ameropa was awarded 25,000 tonnes of Russian DAP at $631.38/tonne CFRLO.
Under Enderta’s tender, Turkish trader Ost Olgun was awarded 25,000 tonnes of Turkish and re-exported Tunisian product at $617.50/tonne CFRLO.
The MoARD subsequently issued a further tender for 75,000 tonnes of DAP, scheduled to close on 13 November.
($1 = €0.70)
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|