Ethiopia awards three DAP fertilizer contracts

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 Ethiopia and awards were made to these companies.

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)

By: Mike Nash
+44 20 8652 3214

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