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The lowest bidding price for India's urea tender is $396/t CFR Comefrom:JRJ.COM    AddDate:2023-08-11    Hit:1006

IPL India released a urea import tender on July 25th, and the tender opened on August 9th. The latest shipping date will be September 26th. Today, during the bid opening of this round, a total of 23 suppliers were received, with a total of 3.3825 million tons of quotations. The lowest quotation for the East Coast comes from Samsung's $396/ton CFR, while the lowest price for the West Coast comes from Macrosource's $399/ton CFR. Argus believes that the price on the East Coast reflects that before considering any profit, the FOB price for Chinese exports is approximately $380/t, while the price on the West Coast is approximately $386/t for FOB Middle Eastern or $357 for FOB Baltic.