Pupuk Indonesia closes phosphate buy round
Published by Willow Munz,
Editorial Assistant
World Fertilizer,
According to a report by Argus Media, state-owned fertilizer group Pupuk Indonesia has closed the initial submission round for its DAP buy tender on 10 August, according to market participants.
The company had issued a tender on 7 August to buy 90 000 t of light or yellow granular 16 - 45 and/or 18 - 46 DAP for shipment in September-November on behalf of four of its subsidiaries.
The date for the e-auction round for price submissions has not been announced. Offers must be submitted on a cfr basis, based on the 18 - 46 DAP. Offers for 16 - 45 DAP should be converted to the equivalent 18 - 46 DAP price.
Pupuk Sriwidjaja Palembang (PSP) is seeking 30 000 t of DAP for delivery to Boom Baru port, through six shipments of 5000 t each in September-December.
Petrokimia Gresik (PKG) is seeking one lot of 20 000 t DAP for delivery to Gresik port in October.
Pupuk Kalimantan Timur (PKT) is seeking 20 000 t of DAP for delivery to Bontang port through two 10 000 t monthly shipments in October-November.
Pupuk Kujang (PKC) is seeking 20 000 t of DAP for delivery to Tanjung Priok and/or Cigading port through one 10 000 t lot each in September and November.
Pupuk Indonesia last awarded its tender seeking 45 000 t of DAP on 16 July at US$877/t cfr.
Read the original article by Hui Xuan Lek on Argus Media.
Read the article online at: https://www.worldfertilizer.com/phosphates/11082026/pupuk-indonesia-closes-phosphate-buy-round/