AMMONIA: FACT India receives three offers

03 July 2014 12:04 Source:ICIS

In India, FACT closed a tender on 2 July for 2 x 7,500 tonnes of ammonia for August delivery to Cochin. FACT is understood to have received three offers from Kribhco, Trammo and CIFC. Only technical offers have been opened thus far, although there is talk that Trammo offered the second cargo at $560/tonne CFR. It is understood that Muntajat sent regrets under this tender.

FACT requires the first lot to be delivered 31 July-4 August and the second lot 11-15 August.

By Rebecca Clarke