India may not win any bids
Local traders have already accepted the idea that their chances are slim in bidding for South Korea's next tender. Suppliers in Pakistan, Burkina Faso and Sudan and Nigeria are more likely to win this time round again as prices here range around 15% lower. The tender, coupled with a rise in upcountry demand due to lower temperatures, prompted domestic prices to rise a bit. China also issued enquiries in the run up the local new year celebrations.