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MMTC invites bids for import of 4 lakh tonnes of DAP

14 Jun 2012 Evaluate

Minerals and Metals Trading Corporation (MMTC), a state-owned trading firm, has invited bids for the import of 4 lakh tonnes (LT) of di-ammonium phosphate (DAP). The state-run trading firm has also invited bids for import of 2.85 lakh tonnes of complex fertilisers for the ongoing the kharif (summer) season. The company has taken this step with a view to augment fertiliser supply.

The company has announced June 19 as the last date for submission of bids for both and it would take decision on the same day for awarding the contracts.

In case of DAP, the shipment is to be discharged between June and July at Vizag and Krishnapatnam ports in Andhra Pradesh, Mundra, Kandla and Rozi ports in Gujarat, Tuticorin in Tamil Nadu, New Mangalore in Karnataka. For complex fertilisers, the shipments should reach India between July-September at Vizag, Kandla and Mundra ports.

MMTC is one of the leading companies in India which deals in agricultural commodities, fertilizers and minerals. Besides, it is also an importer of gold and silver. Presently, the trading company has an overseas office in Singapore. PEC, MMTC and other state-run trading agencies like STC import different varieties of pulses on behalf of the government to augment domestic supply.

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