Wilson International offered lowest for DAP in AICL’s tender for 30,000 mt DAP in combination with 35,000 mt urea closing on May 27, according to traders. Wilson offered $427.75/mt CIP to AICL’s inland warehouses at Biratnagar, Birgunj and Bhairahawa. If awarded, the DAP is likely to be sourced from China in the low $330s/mt FOB, which should provide a slight margin to the trader. A decision is expected within the next few weeks.
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