15 September 2009 15:43 [Source: ICIS news]
LONDON (ICIS news)--The Ethiopian Ministry of Agriculture has closed a urea purchase tender and looks set to award 200,000 tonnes to three suppliers, market sources said on Tuesday.
The ministry closed its tender for 200,000 tonnes on 15 September and received a range of offers in 50,000 tonne lots varying by shipment period.
The ministry was expected to award in line with the lowest offers received in each lot.
Yara, supplying Qatari or Libyan urea at $341.55-381.46/tonne CFRLO, was in line for an award under lot two and four totalling 100,000 tonnes, sources said.
Ameropa, which offered Russian product at $349.38/tonne CFRLO, was likely to be awarded 50,000 tonnes under lot three.
It was understood the quantities would be shipped during the fourth quarter of 2009 and the first quarter of 2010.
($1 = €0.68)
To discuss issues facing the chemical industry go to ICIS connect
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|