Pupuk Indonesia receives final standard MOP offers

: Fertilizers
25/04/14

State-controlled fertilizer group Pupuk Indonesia held an e-auction today for final offers, for its tender seeking 175,000t of white standard MOP and 20,000t of red standard MOP for delivery from June-September.

BPC, Eurochem, Uralkali, APC and K+S offered in the range of $360-363/t cfr, while Canpotex offered at $400/t cfr.

Initial offers were submitted on 8 April, ranging mainly at $362-368/t cfr with one offer at $400/t cfr.

There is no confirmation from Pupuk Indonesia on these offers. The group is likely to counter-bid these offers, according to suppliers.

By Huijun Yao

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25/05/09

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