Egyptian fertilizer producer NCIC announced the NCIC March Fertilizer Tender for March-loading cargoes. The NCIC March Fertilizer Tender includes phosphate, nitrogen, and specialty fertilizers. The company will close the tender on 19 February.
NCIC continues to supply fertilizers to Europe and nearby markets ahead of the spring application season. Traders expect the tender to provide fresh price direction for regional fertilizer trade.
Fertilizers Offered in the Tender
NCIC is offering multiple products in this tender:
20,000 tonnes of DAP
25,000 tonnes of TSP
20,000 tonnes of granular urea
20,000 tonnes of CAN27
1,000 tonnes of water-soluble SOP in 25kg bags
These volumes reflect steady export availability from Egypt.
DAP and TSP Sales in Previous Tender
NCIC sold 60,000 tonnes of DAP at $725–745/t fob in its previous tender. Buyers likely shipped most cargoes to Europe.
The company also sold 18,000 tonnes of TSP at $547–550/t fob. Demand for phosphate fertilizers remained stable during the period.
European importers continue to secure cargoes before the planting season begins.
Urea Market Shows Firm Trend
NCIC sold 12,000 tonnes of granular urea at $475/t fob in the last tender. Since then, urea prices for shipment to Europe have increased.
Spot levels now stand at $490–500/t fob, supported by steady demand and tighter availability in some regions.
The nitrogen market remains firm as buyers continue to cover short-term requirements.
CAN and SOP Tender Results
NCIC sold 5,000 tonnes of CAN27 at $315–325/t fob in the previous tender. The company had offered 34,000 tonnes.
NCIC also sold 1,000 tonnes of water-soluble SOP at $560–580/t fob. The company had offered 2,000 tonnes in that tender.
The earlier NCIC tender closed on 25 January and covered February loading shipments.
Market participants now expect the March tender to provide clearer pricing signals for Mediterranean fertilizer exports.
