Indian Potash Ltd, called a tender for urea to close April 10, with a ship-by date of May 28. Rumors of a possible tender call started last week. Sources at the time expected the tender to be called by April 10 at the latest.
The last tender by MMTC that closed Feb. 27 brought in about 650,000 mt. Sources said that was enough to get the season started, but that another tender would be needed in early April at the latest to ensure a plentiful supply of urea for the current season.