State-owned fertilizer group Pupuk Indonesia has closed the initial submission round for its DAP buy tender on 10 August, according to market participants.
The company had issued a tender on 7 August to buy 90,000t of light or yellow granular 16-45 and/or 18-46 DAP for shipment in September-November on behalf of four of its subsidiaries.
The date for the e-auction round for price submissions has not been announced. Offers must be submitted on a cfr basis, based on the 18-46 DAP. Offers for 16-45 DAP should be converted to the equivalent 18-46 DAP price.
Pupuk Sriwidjaja Palembang (PSP) is seeking 30,000t of DAP for delivery to Boom Baru port, through six shipments of 5,000t each in September-December.
Petrokimia Gresik (PKG) is seeking one lot of 20,000t DAP for delivery to Gresik port in October.
Pupuk Kalimantan Timur (PKT) is seeking 20,000t of DAP for delivery to Bontang port through two 10,000t monthly shipments in October-November.
Pupuk Kujang (PKC) is seeking 20,000t of DAP for delivery to Tanjung Priok and/or Cigading port through one 10,000t lot each in September and November.
Pupuk Indonesia last awarded its tender seeking 45,000t of DAP on 16 July at $877/t cfr.
