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Bangladesh's BCIC closes multiple tenders to buy urea

  • Spanish Market: Fertilizers
  • 12/05/26

Bangladeshi fertilizer importer and supplier BCIC closed three tenders to buy granular urea today, seeking 100,000t in bulk under one and 50,000t of bagged material each in the other two.

The lowest offer for bulk granular urea is understood to be from trading firm Aditya Birla, with 25,000t at $795/t cfr Chittagong/Mongla. The offer equates to $775/t fob Oman, according to a document seen by Argus. There were three offers of 50,000t each from other suppliers, spanning $844.90/t to as high as $1,181/t cfr.

Meanwhile, the bagged granular urea tenders saw lowest offers of $839.87/t cfr Chittagong and $841/t cfr Mongla. There was no direct confirmation from tender participants by press time and details are subject to change. Previous tenders for bagged material resulted in either no offers or prices above $1,000/t cfr last month.


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