Bangladeshi agency BCIC sought through a tender today to buy 25,000t each of granular and prilled urea in bags.
Offers were as follows, prices in $/t cfrlo bagged:
Granular urea:
- Hydrocarbon/Gentrade ex-China, 25,000t at $378.70/t
- Agro Industrial/Wilson ex-China, 25,000t at $385.34/t
- Aries ex-China, 25,000t at $387.21/t
- Swiss Singapore ex-China, 25,000t at $389.10/t
Prilled urea:
- Agro Industrial/Wilson ex-China or UAE, 25,000t at $379.87/t
- Hydrocarbon/Gentrade ex-China or Egypt, 25,000t at $380/t
- Aries ex-China or Indonesia, 25,000t at $384.21/t
- Swiss Singapore ex-China, 25,000t at $394.50t
The cost package from China is $45-50/t.
