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  • Aug
    18
    The latest development of India RCF urea bidding in India

    According to the latest report, eight of the nine suppliers accepted the bid in India's RCF tender on August 10. The details are as follows:Midgulf 186.5Ameropa 199.5Koch 50Continental 50Amber 45Dreymoor 147Swiss 141Samsung 139A total of 958,000 tons. If all the above are confirmed, then three biddi

  • Aug
    11
    India's bid makes the urea market strong

    Due to India's rapid tenders, urea prices in many regions have soared to their highest levels during the year. 24 hours after the MMTC tender ended, RCF announced a new tender, which pushed up prices and led to an unusual week.Prices in China increased to US$270/ton fob, Egyptian granular urea reach

  • Jul
    27
    International urea market strengthens due to Indian actions

    MMTC highlighted India’s concerns about the supply of urea, confirmed the tender in a tender and awarded another tender on the same day. Traders’ meaningless aggressive offers meant that MMTC received only 120,000 tons in the July 17 tender, which allowed it to bid again on July 30 to try to buy the

  • Jul
    22
    India MMTC Urea Import Bidding Situation

    On July 17, India MMTC received a bid for a total of 2.057 million tons of bids from 15 suppliers. The lowest price on the east coast was 240.5 CFR USD/ton provided by Samsung, and the lowest price on the west coast was 242.5 CFR USD/ton provided by Midgulf.Generally, the domestic FOB price is calcu

  • Jun
    29
    Urea price in India is a challenge

    Why traders were willing to sell for glory rather than profit in India's bid remains a mystery. Indian institutions are purchasing on behalf of the government, regardless of whether the price is $300/ton or $200/ton cfr, they will buy the same amount of urea. Someone has to be L1, but why lower it?H

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