The India Potash Ltd. called a urea tender to close July 16. The call came about a week earlier than expected. Sources expect IPL to take about 1 million mt to top off demand for the upcoming application season. The tender documents call for offers to be valid until July 19 with the end of the month for shipping. The documents also alerts offering companies that it is not required to take the lowest offer. One source noted that this provision will allow IPL to avoid being limited to only a few tons from an outlier offer. More details will be in the Green Markets Web Edition July 11.
Transparency Across the Fertilizer Value-Chain