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Indian fertilizer importer RCF has issued a tender to purchase 50000 tons of 20-20-0+13S and 10-26-26, respectively, with a 10% increase or decrease. The bidding deadline is May 16th, and the quotation will be valid before May 22nd.
This tender requires loading before June 20th and is only open to suppliers who have signed long-term agreements with RCF. The lowest quotation is 25000 tons, plus or minus 10 pieces. Potential suppliers can provide one or two products. RCF proposed bidding to purchase two batches of 50000 tons of 20-20-0+13S at the end of last month. It received a quote of 50000 tons from a trading company at a price of $362 per ton ,CFR unpaid. But the quote is about $17/ton higher than the price that Saudi manufacturer Ma'aden recently offered to another Indian importer for this grade of product, and RCF has cancelled the bid. Statistics show that since early November 2023, RCF has not received goods with critical NPK levels 10-26-26.