The government has decided to import a total of 110,000 metric tonnes of fertiliser from Belarus, Morocco and Saudi Arabia to meet domestic demand.
The imports include 30,000 metric tonnes of muriate of potash (MOP), 40,000 metric tonnes of diammonium phosphate (DAP) and 40,000 metric tonnes of urea.
The recommendations were made at a meeting of the Cabinet Committee on Government Purchase held at the Secretariat on Wednesday (September 9), chaired by Finance Minister Amir Khosru Mahmud Chowdhury.
At the meeting, the committee recommended approval of a proposal from the Ministry of Agriculture to import 30,000 metric tonnes of MOP fertiliser from Belarus through Sufla Trading Corporation under the private-sector arrangement.
The price of MOP was set at $398.97 per metric tonne, bringing the total purchase price to $11.9691 million. At an exchange rate of Tk 122.92 per US dollar, the cost of the consignment stands at approximately Tk 147.20 crore.
In another proposal from the Ministry of Agriculture, the committee approved the import of 40,000 metric tonnes of DAP fertiliser from Morocco under a government-to-government (G2G) arrangement. The fertiliser will be supplied by OCP Nutricrops S.A. under an agreement signed with the Bangladesh Agricultural Development Corporation (BADC).
The price of DAP has been set at $889.33 per metric tonne, with the total cost amounting to Tk 439.86 crore.
Meanwhile, based on a proposal from the Ministry of Industries, the committee approved the import of 40,000 metric tonnes of bulk granular urea fertiliser from Saudi Arabia’s SABIC Agri-Nutrients Company for the 2026-27 fiscal year.
The price of urea has been fixed at $391.66 per metric tonne, bringing the total purchase cost to Tk 193.71 crore.
The imports are aimed at ensuring an adequate supply of fertiliser for the country’s agricultural sector.
