India's fourth round of urea tender to the party. This time the tender launched June 12, June 19 closing, sailing July 27, it plans to purchase 600,000 to 70 million tons. India's bid to pull up the role of the urea market, manufacturers offer this week in parts of urea rebound. The current domestic in or about to enter the fertilizer season, north, east and manufacturers for the end of June to early July, the trend of the domestic urea confidence. Positive factors include both domestic demand and exports. Domestic market price of urea back from 1750 to 1800 yuan (t price, the same below) range. Meanwhile, most factories are interested in leveraging the agricultural season to pull up a quote for the off-season to stay out of operating space.

This year, India repeated tender, can be "hit" to describe.

The first round, MMTC tender company on January 27, plans to purchase 800,000 to 1 million tons. Since the message premature release, the international market price broad based, most exporting countries offer $ 310 to 320. Final funding on the grounds of India, reached only 300,000 tons of urea procurement.

The second round, STC company April 10 tender. As the Indian predicted, the international urea mainstream offshore generally offer down to $ 250 to 260, and the total amount bid to reach 1.9 million tons, the lowest CIF is only $ 266. But in the low-priced Chinese exports, and the case of boycott after India first getting goods payments, the volume was only 33 million tons.

The third round, IPL company May 9 tender. Forced by demand pressures, plans to purchase increased to 1.5 million tons. Although a total of 3.2 million tons receive alternative bid amount plus 500,000 tons, but the minimum CIF has risen to $ 296. India final in less than $ 300 to supply shore identified the 735,000 tons purchases, equivalent to only half of the program. I heard the volume of 49.5 million tonnes from China, and the implementation of this part of the basic binary export orders.

Three tenders from India can be seen: every high-profile bidding, intended hunters procurement, the result is just the opposite, India can not escape dependence on Chinese urea.

In the first three lessons learned after the tender "quietly into the village." STC company's June 12 release of India's fourth-round tender offer. For India's dependence on China and the Chinese port of urea FOB 303 to $ 310 of consideration at present, if India is forced by pressure just to be tender, it might end up "哑巴吃黄连" in the end. After all, China's domestic agricultural fertilizer season came, export FOB price remained high due to domestic and strong performance, and manufacturers always "Every Tender stir fry." Since last weekend, India announced the tender, east, north and other places of urea ex-factory price hike. Projections from the port received 1770 yuan urea prices of goods, FOB quote or more than 315 US dollars. It would appear that India could not escape being overwhelmed by the tender "hit" of bad luck.

In summary, the Indian tender to stimulate domestic urea prices bottomed out faster, but also bring more confidence to the market. Domestic manufacturers will be considered after the end of the domestic season inventory problems or kicked upstairs deal will advance to meet the needs of the Indian overwhelmed by tender. As for foreign trade, the bearish stock market in mid-July to late domestic manufacturers will be held in the "export pricing right to speak" in bargaining with foreign investors withdrawing a single premise.