Indian fertilizer producer and importer Rashtriya Chemicals and Fertilizers (RCF) has received bids from seven trading firms in its tender for phosphate rock and NPS 20-20-0+13S, which closed today. The bidders include TLI Tradelink, Sun International, Agrifields, Aditya Birla, Indagro, Midgulf International, and Hexagon Fertilizers Asia.
The company is reviewing technical offers, and price bids will be opened after the evaluation.
Tender Details
Phosphate Rock
RCF requested offers for two shipments of 35,000 tons each of phosphate rock with a minimum 29% P2O5 content.
- Shipping Timeline:
- The first shipment is to be dispatched within 30 days of the purchase order.
- The second shipment is scheduled for March 2024.
- Destination: Both shipments are to be delivered to Hay Bunder, Mumbai, on India’s west coast.
Bidders and Offers:
- TLI Tradelink, Sun International, and Midgulf International proposed Egyptian phosphate rock for both shipments.
- Agrifields and Aditya Birla offered Jordanian phosphate rock for both shipments.
- Indagro submitted a bid for Jordanian rock for the second shipment only.
NPS 20-20-0+13S
RCF also invited bids for two shipments of 35,000 tons each of NPS 20-20-0+13S.
- Shipping Timeline:
- The first shipment is to arrive by 20 March 2024.
- The second shipment is to arrive by 20 April 2024.
- Destination: Both shipments are to be delivered to any port on India’s east coast.
Bidders for NPS:
- Midgulf International submitted bids for both shipments.
- Hexagon Fertilizers Asia bid for the second shipment only.
Recent Market Developments
RCF’s tender follows a recent purchase by National Fertilizers Limited (NFL). NFL bought 25,000-30,000 tons of NPS 20-20-0+13S from Saudi Arabian producer Sabic at a price of $396-397/t CFR earlier this week.
Conclusion
RCF’s tender results are expected to influence the pricing and supply landscape for phosphate rock and NPS fertilizers in India. The company’s selection will shape market dynamics, especially in light of increasing demand and recent competitive activity.
