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Pupuk Indonesia issues DAP buy tender

  • Market: Fertilizers
  • 24/03/26

State-owned fertilizer company Pupuk Indonesia has issued a tender to buy a total of 175,000t of light or yellow granular 16-45 and/or 18-46 DAP for shipment over July-December on behalf of four of its subsidiaries.

The tender closes on 27 March, with the auction date to be announced at a later date. Offers are to be submitted as a discount to a formula price based on Argus Phosphates' DAP cfr southeast Asia price assessment.

Petrokimia Gresik (PKG) is seeking 70,000t of DAP for delivery to Gresik port, with four shipments of 10,000-20,000t each scheduled from July to November.

Pupuk Kalimantan Timur (PKT) is seeking 45,000t of DAP for delivery to Bontang port, with three lots of 15,000t to be shipped from July to November.

Pupuk Sriwidjaja Palembang (PSP) is seeking 40,000t of DAP for delivery to Boom Baru port, with eight shipments of 5,000-10,000t each from July to December.

Pupuk Kujang (PKC) is seeking 20,000t of DAP for delivery either to Tanjung Priok or Cigading port, to be shipped in two lots of 10,000t each from September to November 2026.

Pupuk Indonesia last issued a buy tender for 25,000t of standard light or yellow granular 18-46 DAP on behalf of KJC in November 2025, with offers also submitted as a discount to a formula price.

Unstable global DAP supply, surging freight rates and rising raw material costs since the outbreak of war in the Middle East have pushed global DAP prices sharply higher. DAP prices in southeast Asia firmed to $800–850/t cfr on 19 March, up from $730–750/t cfr on 26 February before the conflict. Offers submitted for this tender are also expected to remain elevated.


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