MMTC Invites Global Bids For Import Of Urea, Complex Fertilisers.

Ahead of the commencement of the kharif season from June, state-owned trading firm MMTC has invited global bids for importing unspecified quantities of urea and complex fertilisers.

Bids for supply of urea and various grades of complex fertilisers will close on May 4 and May 9, respectively, and the tenders will be finalised on the same days, the company said on its website.

The company has left it to prospective bidders to specify the quantities of supply of both urea and ammonium phosphate sulphate (APS) and six grades of NPK complex fertilisers that they can offer.

For urea, MMTC said the bidders should submit offers both on a free on board trimmed ( FOBT )) and credit and freight free out ( C&F FO )) basis at any of 18 specified Indian ports and the shipment should reach the ports by June.

In the case of the complex fertilisers, the shipments should start from May onward and they are to be delivered at the Kandla, Vizag, Krishnapatnam, New Managalore and Tuticorin ports.

The company has left it to prospective bidders to specify the quantities of urea and complex fertilisers.

Source : economictimes.indiatimes.com