Indian fertilizer importer IPL has issued a tender on 6 May seeking 521,000t of ammonia for delivery to the east and west coasts on behalf of six Indian companies.
IPL is seeking 151,000t of ammonia for the west coast and 370,000t for the east coast, on behalf of Indian Farmer Fertiliser Cooperative (Iffco), Paradeep Phosphates Limited (PPL), Coromandel International Limited (CIL), Gujarat State Fertilizers and Chemicals Limited (GSFC), Indorama India, and The Fertilizers and Chemicals Travancore Limited (FACT).
Total deliveries to the west coast are estimated at around 58,000t in June, 43,000t in July and 50,000t in August, while volumes to the east coast are targeted at 110,000t, 130,000t and 130,000t, respectively, over the same months.
The tender has requested for offers submitted on a cfr or cif basis to the specified ports by 18 May, with validity required until 25 May. This tender reflects the consortium strategy adopted by India's major fertilizer producers to secure fertilizer raw materials, in view of ongoing efforts to manage domestic supply and cost pressures.
