13/05/2026
Key Information for IPL 300,000-ton Tender
Target Counter-offer: $294/ton CFR (Unified for East and West Coasts)
Counter-offer Deadline: May 13, 12:00 IST (Indian Standard Time) = 14:30 Beijing Time
West Coast: Indagro's $294/ton CFR bid was automatically awarded.
East Coast: Counter-offers of $294 to Macrosource, VB Venture, and Midgulf were accepted.
RCF 35,000-ton Tender: The lowest bid was $325/ton CFR. The RCF counter-offer of $294 was not accepted due to tighter shipping schedules.