26 April 2011 14:30 [Source: ICIS news]
LONDON (ICIS)--Indian fertilizer manufacturer Fertilizer and Chemicals Travancore Ltd (FACT) has received four offers under its 26 April ammonia tender, market sources said on Tuesday.
Kuwait’s Petrochemical Industries Co (PIC) offered at $560/tonne CFR and Qatar Fertiliser Co (QAFCO) at $565/tonne CFR.
SABIC submitted an offer at $618/tonne CFR.
Offers are understood to have been asked to remain valid for one week.
FACT last bought ammonia in September 2010 at $372/tonne CFR.
($1 = €0.69)
For more on ammonia visit ICIS pricing fertilizers
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