06 September 2010 15:28 [Source: ICIS news]
LONDON (ICIS)--India's Fertilizers and Chemicals Travancore Ltd (FACT) has made an award to trader Transammonia at $372/tonne (€290/tonne) under its 1 September ammonia tender, market sources said on Monday.
The award, on a cost and freight (CFR) basis, had been widely expected after Transammonia submitted an offer some $40/tonne lower than other suppliers.
FACT closed a tender on 1 September for 7,500 tonnes of ammonia for 18-22 September delivery to ?xml:namespace>
Prices had been expected to be more in line with the offers from
($1 = €0.78)
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