London, 18 May (Argus) — An Indonesian importer has issued a tender to buy 20,000t of bagged white standard MOP for delivery in June-August to Palembang, closing on 21 May.
The same importer is expected to issue a larger tender for standard MOP soon after it cancelled its previous tenders seeking a total of 155,000t of standard MOP — 120,000t of red standard MOP and 35,000t of white standard MOP — which was initially scheduled to close on 27 April.
The tender was likely cancelled because it was waiting for the settlement of a new Indian standard MOP contract for price guidance, which was concluded today at $/t cfr with 180 days’ credit.
By Julia Campbell
