New deadline in Kenya 26-5-5 tender set for 17 April

The Kenya Tea Development Agency (KTDA) has asked participants in its tender to buy 96,988t of bagged compound 26-5-5 to submit lower offers by 17 April.

The initial deadline for the submission of financial offers — for those that passed the pre-qualification stage of the process — was 26 March.

The lowest offer was $400/t cfrlo bagged for 86,988t of Russian and/or Kenyan 26-5-5. But Argus understands that this submission was disqualified, probably because it did not have a producer's backing.

The second-lowest offer was for 96,988t of Russian product at $428.85/t cfrlo bagged.

The highest offer was of domestic product at $508/t cfrlo bagged, but for just 10,000t.

Eight other offers were made, seven of which were for the full volume. Most of the product offered was of Russian origin.

But one submission was for 45,000t, plus or minus 5pc, of Romanian product. At $490.46/t cfrlo bagged, that offer was uncompetitive.

All of the offers — aside from the submission of 10,000t — were for delivery in two shipments.

By David Maher