RCF’s DAP tender receives two offers

01 April 2008 14:16  [Source: ICIS news]

LONDON (ICIS news)--Indian fertilizer and chemical company Rashtriya Chemicals & Fertilizers Limited (RCF) is understood to have received two offers under its 585,000 tonne phosphate fertilizer tender that closed on 26 March, traders said on Tuesday.


Trader company Ameropa offered one 30,000 tonne diammonium phosphate (DAP) fertilizer cargo under the tender.


Middle East-based Kisan International Trading, an offshore arm of the Indian Farmers’ Fertilizer Cooperative Limited (IFFCO), offered three lots of 35,000 tonnes.


Under RCF’s tender rules, a minimum of three offers have to be made before price offers are opened.


RCF closed another DAP tender, for 10,000 tonnes on 28 March. It received two offers, one from Ameropa for 30,000 tonnes and another from domestic producer Gujarat State Fertilizers and Chemicals (GSFC) which offered 10,000 tonnes.


Prices were not disclosed but RCF was understood to be waiting for clarification from Ameropa as to whether its offers constituted two separate 30,000 tonne cargoes, or was in fact the same cargo offered in both tenders. 


This second tender is to secure DAP for use in complex fertilizer blending.

By: Mike Nash
+44 20 8652 3214

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