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Bangladesh's state importer BCIC received its lowest offer in a tender to buy 30,000 t of 70 BPL phosphate rock, closing 9 February. Gentrade FZE offered Moroccan rock and Midgulf offered Jordanian rock, with prices partly withheld in the text.
A tender of this size is a modest but observable data point for phosphate rock demand from South Asia, and the offered levels help frame regional phosphate rock pricing and freight costs.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.