Bangladesh awards Tunisians part of TSP tender

31 January 2008 16:54  [Source: ICIS news]

LONDON (ICIS news)--Bangladesh Agricultural Development Corp (BADC) has awarded a cargo of triple superphosphate (TSP) under its 9 January tender for 50,000 tonnes to Tunisia's Groupe Chimique Tunisien (GCT), but one offer was still outstanding, participating producers said on Thursday.

GCT was awarded 25,000 tonnes at $860/tonne (€576/tonne) CFRLO (cost, insurance and freight liner out).

However, Moroccan producer Office Cherifien des Phosphates (OCP), which offered at $858/tonne CFRLO, had not received an award to date, a source at the company said, with negotiations understood to be ongoing.

Bangladesh uses TSP for application on rice paddy crops.

($1 = €0.67)

By: Mike Nash
+44 20 8652 3214

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