Agri Business

MMTC floats bids for import of 5.25 lakh tonnes of fertilisers

PTI New Delhi | Updated on April 10, 2011

Right type of fertilizer

Ahead of the Kharif season starting from June, state-owned trading firm MMTC has invited bids for importing 5.25 lakh tonnes of Di-Ammonium Phosphate (DAP) and other fertilisers to meet domestic demand.

Bids for the supply of 4,00,000 tonnes of DAP and 1,25,000 tonnes of complex fertilisers will close on April 13 and April 15 respectively, and the tenders will be finalised the same days, the company said on its website.

MMTC has specified that bidders should import complex fertilisers during April-May, and DAP from May to September.

The company said the consignment of 1,15,000 tonnes of DAP should reach the Krishnapatnam port in Andhra Pradesh, while 90,000 tonnes each at Kandla (Gujarat) and Vizag (Andhra Pradesh) ports, respectively.

The rest of DAP should be discharged at Tuticorin and New Mangalore, it added.

Besides, MMTC said the shipment of complex fertilisers should reach Mumbai and Tuticorin ports.

According to the official estimates, fertiliser demand is estimated to be 4 per cent higher at 28.8 million tonnes in the ensuing Kharif (summer) season, as against 27.7 million tonnes in the year-ago period.

The Kharif season starts with the onset of the south-west monsoon from June. Crops like paddy, pulses and oilseeds are largely grown during this season.

Published on April 10, 2011

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