Latest market news

Kenya's NCPB receives offers in fertilizer tender

  • Market: Fertilizers
  • 19/09/24

Kenya's NCPB has received offers against its 19 September buy tender for 245,000t of various fertilizers for the 2024-25 season under the country's fertilizer subsidy programme.

There were 19 offers of 25-5-5, all within a range of 3,750-5,500 Kenyan shillings/50kg bag, equivalent to $581-852/t. There were also 19 offers of 17-17-17, ranging from KSh3,800-5,800/50kg bag.

The NCPB received 23 offers of urea at KSh3,400-6,000/50kg bag, 12 offers of amsul ranging from KSh2,800-5,400/50kg bag, and 18 offers of CAN in a range of KSh2,875-4,250/50kg bag.

The offers were on the basis of deliveries to NCPB depots.

The tender requested the following products:

  • 25,000t urea (500,000 x 50kg bags)
  • 40,000t CAN 26 (800,000 x 50kg bags)
  • 5,000t amsul (100,000 x 50kg bags)
  • 15,000t 17-17-17 (300,000 x 50kg bags)
  • 15,000t 25-5-5 (300,000 x 50kg bags)
  • 35,000t 23-23-0 (700,000 x 50kg bags)
  • 10,000t crop-specific NPK fertilizer for top dressing with a minimum nitrogen nutrient content of 26pc plus other micronutrients (200,000 x 50kg bags)
  • 70,000t crop-specific NPK fertilizer for planting with a minimum nitrogen nutrient content of 17pc and above, a minimum phosphorus content of 29pc and above, plus other micronutrients (1,400,000 x 50kg bags)
  • 30,000t crop-specific NPK fertilizer for planting with a minimum nitrogen nutrient content of 9-16.99pc, a minimum phosphorus content of 22-28.99pc and above, plus other micronutrients (600,000 x 50kg bags)

The NCPB said agreed contracts are renewable each season for a period of two years under the subsidy programme.

The tender document also states that a supplier will not be awarded for the supply of more than two fertilizer types.


Sharelinkedin-sharetwitter-sharefacebook-shareemail-share

Related news posts

Argus illuminates the markets by putting a lens on the areas that matter most to you. The market news and commentary we publish reveals vital insights that enable you to make stronger, well-informed decisions. Explore a selection of news stories related to this one.

News

Mosaic to resume production after hurricanes


14/10/24
News
14/10/24

Mosaic to resume production after hurricanes

Houston, 14 October (Argus) — Major phosphate producer Mosaic expects to resume Florida operations soon after sustaining minimal damage from Hurricane Milton. Power has been restored to all Mosaic facilities and all ports have been reopened, Mosaic said today. Limited damage was found at the facilities and storage warehouses. Operations are expected to return to full production capacity in the coming days after a full clean up is finished. Early last week, Mosaic halted all Florida operations before Milton arrived. Mosaic's Riverview facility near Tampa Bay had already stopped production because of flooding from Hurricane Helene, which made landfall on 26 September. The plant was expected to come back online 10 days after Helene, but Milton swept through Florida before that point. The back-to-back storms cause phosphate barge prices at the US Gulf to surge last week. DAP prices at Nola jumped $24/st from the prior week to $565-582.50/st fob, the highest since late March. MAP barge prices rose by $20/t to $625-650/st fob Nola, a two-month high. Riverview has the capacity to produce 1.8mn metric tonnes (t)/yr of phosphate product, while Bartow and New Wales produced a combined 5.6mn t in 2023. By Meghan Yoyotte Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.

News

Belarus' MOP shipments on track to surpass 2023 record


14/10/24
News
14/10/24

Belarus' MOP shipments on track to surpass 2023 record

London, 14 October (Argus) — Belarusian MOP rail shipments to China and Russian ports rose by 22pc on the year in January-September to 7.8mn t, putting the producer on track to surpass its 2023 shipments of 9.1mn t by the end of the year. Belarusian producer Belaruskali, which markets products primarily through its export arm BPC, sent 1.3mn t of MOP to China in January-September, up by 28pc on a year earlier. Its rail shipments to Russian ports in the first nine months rose by 21pc to 6.4mn t, data from forwarding agents show. Bronka remains the primary port for Belarusian seaborne exports, with 72pc of exports sent to the Baltic Sea port. Belarusian rail shipments to China and Russian ports for export in the third quarter amounted to 2.7mn t, up by 17pc on the year. Full details are available in Argus ' data and download files for Russian and Belarusian potash rail shipments here . By Nykole King Belarusian rail shipments to Russian ports and China '000t Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.

News

India confirms ports for RCF urea tender awards


14/10/24
News
14/10/24

India confirms ports for RCF urea tender awards

Amsterdam, 14 October (Argus) — India's RCF has bought a total of 569,150t of urea from 10 suppliers under its 3 October tender. Nine suppliers will supply 519,150t to the east coast at $389/t cfr and Liven has sold 50,000t at $364.50/t cfr west coast ( see table below ). RCF issued the letters of intent on 12 October . The firm requested loading by 20 November. Market participants are now waiting for the next Indian urea purchase tender to emerge, with expectations of an issuance in the coming weeks as the market kicks off its Rabi season following a stronger-than-expected monsoon rainfall. By Harry Minihan RCF 3 October urea tender awards t Supplier Quantity Port ETG 50,000 Krishnapatnam ETG 50,000 Vizag Koch 47,500 Gangavaram Midgulf 48,000 Kakinada Samsung 31,500 Paradip Sabic 50,000 Krishnapatnam Ameropa 47,150 Krishnapatnam Fertiglobe 45,000 Gangavaram Aditya Birla 50,000 Gangavaram OQ Trading 50,000 Kakinada OQ Trading 50,000 Kakinada East coast sub-total 519,150 Liven 50,000 Kandla West coast sub-total 50,000 Total 569,150 — Market sources Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.

News

Egypt's NCIC issues SOP tender


14/10/24
News
14/10/24

Egypt's NCIC issues SOP tender

London, 14 October (Argus) — Egyptian SOP producer NCIC has issued a sales tender for 1,500t of water-soluble SOP, closing on 18 October. The product will be offered in 50kg bags on a fob basis for loading by the end of November. NCIC made awards in its 25 September SOP sales tender at $655-660/t fob equivalent, the first time in two years that it has offered SOP for export. It was previously carrying out maintenance at some of its ovens and supplying the domestic market exclusively. NCIC is now operating at full capacity, producing water-soluble SOP at a rate of 50 t/d. By Nykole King Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.

Generic Hero Banner

Business intelligence reports

Get concise, trustworthy and unbiased analysis of the latest trends and developments in oil and energy markets. These reports are specially created for decision makers who don’t have time to track markets day-by-day, minute-by-minute.

Learn more