Rashtriya Chemicals and Fertilizers (RCF) had just released one of its biggest tenders for Diammonium Phosphate (DAP), a vital fertilizer for India’s farmers. The competition was fierce, with major global players bidding to secure the contract. Among them was Midgulf, a seasoned player in the international fertilizer trade, known for its smart pricing and efficient supply chains.
After days of speculation, the bids were revealed. Midgulf had placed the L1 bid at USD 637 per ton, beating all other competitors. The total contract value stood at ₹267.55 crore, making it one of Midgulf’s largest wins in recent years.
For Midgulf, this tender was more than just a business deal. It was a step towards solidifying its presence in India, one of the world’s largest agricultural markets. RCF, in turn, was pleased with the deal, ensuring that Indian farmers would receive the much-needed fertilizer at a competitive price.
As the contract was signed, both companies knew this was just the beginning of a potentially long and fruitful partnership.
