India’s Fact issues tender to buy phosphoric acid

Market: Fertilizers
04/06/25

Indian fertilizer producer and importer Fact has issued a tender to buy up to 12,000t of phosphoric acid solution, closing on 9 June.

Fact wants the acid to contain 46-53pc P2O5 and the cargo should arrive at Kochi on India's southwest coast between 1-10 July.

Offers are to be given at a premium or discount to the current quarterly phosphoric acid contract price of $1,153/t P2O5 cfr India and are to include 30 days' credit.

The Indian second-quarter phosphoric acid contract price is $98/t P2O5 above the first-quarter price. The third-quarter price is widely expected to settle higher again, following a more than $100/t rise in DAP cfr prices in India since the beginning of April.

By Tom Hampson

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