National Fertilizers Limited (NFL), a leading public sector enterprise, has invited global bids for the import of bulk urea (fertilizer grade). This move aims to meet the increasing demand in the agricultural sector and ensure a consistent supply of fertilizers for upcoming crop cycles. The tender is being floated on behalf of the government as…
RCF Ltd., on behalf of the Department of Fertilizers (DOF) under the Ministry of Chemicals and Fertilizers, has issued a new tender for the purchase of Prilled or Granular Urea (46% Nitrogen) in bulk. The urea will be delivered to an Indian port by November 20, 2024. This RCF urea tender invites sealed offers from…
India’s reliance on urea imports is projected to drop to 10-15%, down from a high of 30% in FY 2021, according to a Crisil Ratings study. This reduction is driven by the launch of new urea production capacities. These plants are expected to achieve regulated returns as utilization rates improve. Additionally, older plants will maintain…
Indian fertilizer importer NFL has closed its urea procurement tender today, with initial reports indicating the lowest bids are around or just under $340 per ton CFR (Cost and Freight) for delivery to the west coast. NFL plans to review and open the technical offers on August 30, with the official pricing likely to be…
