Interesting times for the merchants and for the manufacturers.this could be the traditional cereals week start for new season prices but brought forward a bit.
specifically, "...bids offering material from countries of origin against which sanctions have been imposed shall not be considered..."Yup. RCF announced it in their tender document last week. No Russian product nor vessels to be used in the execution of this tender
I was taking my lead from the tender instructionsYup. But im struggling to find a document saying that India has formally applied sanctions on Russian fertiliser. My Google-fu is weak today.
not at all a trick question...more an ethical debateTo be fair on India, they were seeming keen to relax restrictions on oil when the hint of some cheap gear arose. Im not going through the entire tender document, but experience of farm tenders where the highest offer needs not be taken, a quick phone call once prices are in might be in order.
Its a question that elected officials answer.not at all a trick question...more an ethical debate
if you were offered Russian material, or Iranian which is also sanctioned, would you have any problem accepting it?
similarly, would you care where your output was sold?
Have India imposed sanctions against Russia? That’s the bit I’m confused by, surely they can’t mean any country that has sanctions imposed by a third party country.specifically, "...bids offering material from countries of origin against which sanctions have been imposed shall not be considered..."