Ethiopia’s EABC counters at $639/t cfr for DAP

Spanish Market: Fertilizers
02/01/25

Fertilizer importer Ethiopian Agricultural Businesses (EABC) has countered offers for lots 1, 2, 3, 5 and 6 at $639/t fob under its 23 December tender to buy DAP.

Suppliers have until 10:00am on 5 January to respond.

Reports that EABC awarded lot 4 — 60,000t with laycan 9-15 February — to trading firm Midgulf International at the offered price of $639/t fob Jordan have emerged. But Jordanian producer JPMC has so far not committed to supplying this cargo to Midgulf International.

EABC has not given counterbids for lots 7, 8 or 9, and has probably scrapped these lots.

Offers for DAP from Jordan, Egypt, Saudi Arabia and China totalled 780,000t and ranged $639-705/t fob. EABC had initially sought to buy 611,000t in the tender.

The importer stipulated laycans for its counterbids in a document seen by Argus as follows:

Lot 1: 16-22 January
Lot 2: 25-30 January
Lot 3: 1-5 February
Lot 5: 10-15 February
Lot 6: 21-25 February

Each lot is for 60,000t.

Initially, the laycans for lots 5 and 6 had been 21-27 February and 5-11 March, respectively.

By Tom Hampson

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12/12/25

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Trump unlikely to reinstate Canada ferts tariffs: TFI

11/12/25

Trump unlikely to reinstate Canada ferts tariffs: TFI

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Nitrogen market braces for CBAM after documents leak

11/12/25

Nitrogen market braces for CBAM after documents leak

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Brazil inflation falls below ceiling in November

10/12/25

Brazil inflation falls below ceiling in November

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Urea market grapples with EU’s CBAM as revision delayed

10/12/25

Urea market grapples with EU’s CBAM as revision delayed

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