TCP calls third urea tender

The Trading Corp. of Pakistan called its third urea tender in as many weeks. The company is looking to secure 300,000 mt of urea as quickly as possible. The tender will close Tuesday, Aug. 6.

In two previous tenders, the most recent closed July 30, TCP secured a total of 150,000 mt. The first tender was settled at $317/mt CFR. The most recent one closed at $309.90/mt CFR.

Minimum offers must be 75,000 mt.

Tender announcement can be seen at http://tcp.gov.pk/download/IFB%20for%20150,000%20MTs.pdf

Results of the most recent tender are as follows:

Offering Company Quantity (mt) US$/mt CFR
Firm Option
Blue Deebaj 75,000   309.90
  50,000 312.90
Liven 100,000   314.80
MultiComm 100,000   314.83
Helm 100,000   315.87
Quantum 110,000   316.75
Amber 110,000   316.85
Dreymoor 100-125,000   317.77
Transammonia 150,000   318.71
Emmsons 100,000   319.99
Indagro 75,000   320.74
Agri-Commodities 100,000   321.15
Keytrade 80,000   322.90
Shandong 100,000   324.00
Samsung 75,000   327.00
Koch 75,000  

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