Indian fertilizer importer NFL has not received any offers under its tender to its MOU suppliers to buy up to 50,000t each of NPK grades 10-26-26 and 12-32-16.
The tender closed on 9 June and requested 25,000-50,000t of 10-26-26 for delivery to India's east coast and a same-sized supply of 12-32-16 to the country's west coast. The shipments had to depart by 31 July under the tender's conditions.
The lack of offers for NPS/NPKs probably reflects a lack of global supply, particularly from China, where suppliers have suspended export offers for NP and NPS. Argus understands that the customs inspection for these grades was halted on 26 May.
Indian importer IPL bought 20-20-0+13S NPS with the price rising by around $12/t in the latest business from Saudi producer Ma'aden for June shipment.
Meanwhile, fellow Indian firm FACT has extended the closing date of its tender to buy up to 50,000t of NPS 20-20-0+13S to 16 June from 9 June.