Corrects the CAN grade to CAN26
Egyptian producer NCIC has issued a tender to sell various fertilizers for March loading. The tender closes on 19 February.
NCIC is offering the following fertilizers:
- 20,000t of DAP – it sold 60,000t at $725-745/t fob in its previous tender, probably all for shipment to Europe
- 25,000t of TSP – it sold 18,000t at $547-550/t fob in its previous tender
- 20,000t of granular urea – it sold 12,000t at $475/t fob in its previous tender. Since then, spot prices for shipment to Europe have risen to $490-500/t fob
- 20,000t of CAN26 – it sold 5,000t at $315-325/t fob in its previous tender, having offered 34,000t
- 1,000t of water-soluble SOP in 25kg bags – it sold 1,000t at $560-580/t fob in its previous tender, having offered 2,000t
NCIC's previous tender had offered fertilizers for loading in February and closed on 25 January.
