Fertilizers

India’s NFL extends deadline for counteroffer acceptances under urea purchase tender | India

booked 734,000 t of urea from Ameropa Asia and Aditya Birla Global Trading, NFL has reportedly received acceptances of counteroffers of $449.30/t CFR India’s West Coast and $444.90/t CFR India’s East Coast for four cargoes or so. WFM will follow up on the details of those urea lots. Thus, NFL has already received confirmation on supplying of about 1 million t of urea in total.
As NFL initially requested 1.7 million t of urea in total for purchase under the 8 June tender, the company has set a new cut-off point of 15.00 Indian Standard Time on 15 June 2026 for counteroffer acceptances from the remaining tender participants.

Leave a Reply

Your email address will not be published. Required fields are marked *