Government to buy 295,000 tonnes of fertiliser for more than Tk 2,207 crore
The government will buy 295,000 metric tonnes of fertiliser to keep the country's agricultural production running. Alongside imports from Morocco, Saudi Arabia and the United Arab Emirates, urea fertiliser will also be bought from the domestic Karnaphuli Fertilizer Company Limited (KAFCO). The total cost of buying the fertiliser under eight proposals will be Tk 2,207 crore 76 lakh 69 thousand 350.
The government approved the eight fertiliser purchase proposals on Thursday, November 12, at a meeting of the cabinet committee on government purchase chaired by Finance Minister Amir Khosru Mahmud Chowdhury.
According to meeting sources, of the total fertiliser, 140,000 metric tonnes of TSP and DAP will come from Morocco. The remaining 155,000 metric tonnes of urea will be collected from Saudi Arabia, the United Arab Emirates and KAFCO.
Under a proposal of the agriculture ministry, 60,000 metric tonnes of TSP fertiliser will be imported in two lots from Morocco's OCP Nutricrops SA. Of this, the 10th lot of 30,000 tonnes will cost Tk 244 crore 18 lakh 27 thousand 395, at 656.67 US dollars per tonne. The 11th lot of the same quantity will cost Tk 244 crore 94 lakh 23 thousand 560, at 656.33 dollars per tonne.
Another 80,000 metric tonnes of DAP fertiliser will be bought from the same company in two lots. The contract's optional sixth lot of 40,000 tonnes will cost Tk 423 crore 79 lakh 9 thousand 920. The eighth lot will buy the same quantity at the same price. In both lots, the price of DAP will be 851.67 dollars per tonne.
Under a proposal of the industries ministry, 80,000 metric tonnes of urea fertiliser will be imported in two lots from Saudi Arabia's SABIC Agri-Nutrients Company for the 2026-27 fiscal year. The first optional lot of 40,000 tonnes will cost Tk 214 crore 10 thousand, at 432.50 dollars per tonne. The second optional lot of the same quantity will cost Tk 214 crore 3 lakh 63 thousand 440, at 430.83 dollars per tonne.
In addition, 45,000 metric tonnes of bulk granular urea fertiliser will be bought from the UAE's Fertiglobe Distributions Limited. Importing this third lot for the 2026-27 fiscal year on a CFR basis will cost Tk 289 crore 93 lakh 4 thousand 865, at 519.17 dollars per tonne.
A proposal to buy 30,000 metric tonnes of bagged granular urea from the domestic company KAFCO has also been recommended for approval. This fifth lot for the 2026-27 fiscal year will cost Tk 153 crore 9 lakh 20 thousand 250. The price will be 410.875 dollars per tonne, of which the base fertiliser price is 405.875 dollars and the bagging charge is 5 dollars.
In all, the government will collect 295,000 tonnes of fertiliser under the eight proposals. Of this, TSP and DAP fertiliser account for 140,000 tonnes and urea fertiliser for 155,000 tonnes.
