Indonesia: Pupuk Kaltim receives one bid in granular tender

摘要

Pupuk Kaltim is widely reported to have received a sole bid from Samsung at $242/t FOB for 6,000 t in its March 24 export tender for 6-45,000 t granular urea for May shipment. The producer had set a minimum (reserve) price at $255/t FOB Bontang. The session is now likely to be scrapped.