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The government has approved separate proposals to procure 295,000 tonnes of fertiliser, including urea, triple superphosphate (TSP) and diammonium phosphate (DAP), to meet rising demand for key agricultural inputs.
The approvals were recommended at the 53rd meeting of the Cabinet Committee on Government Purchase (CCGP), held on Thursday with Finance Minister Amir Khosru Mahmud Chowdhury in the chair.
Of the total quantity, 155,000 tonnes are urea, 80,000 tonnes DAP and 60,000 tonnes TSP.
Under the Ministry of Agriculture’s proposals, 60,000 tonnes of TSP will be imported from Morocco’s OCP Nutricrops SA in two consignments of 30,000 tonnes each. The 10th lot will cost Tk244.18 crore at $656.67 per tonne, while the 11th lot has been priced at Tk244.94 crore at $656.33 per tonne. Both imports will be made under a government-to-government (G2G) agreement.
The ministry also proposed importing 80,000 tonnes of DAP from the same company in two consignments of 40,000 tonnes each — one under the optional sixth lot and the other under the confirmed eighth lot. Each consignment will cost Tk423.79 crore at $851.67 per tonne.
The Ministry of Industries proposed importing 80,000 tonnes of bulk granular urea from Saudi Arabia’s SABIC Agri-Nutrients Company in two lots of 40,000 tonnes each. The ninth lot (optional first lot) will cost Tk214 crore at $432.50 per tonne, while the 10th lot (optional second lot) has been priced at Tk214.04 crore at $430.83 per tonne.
Another 45,000 tonnes of bulk granular urea will be procured from UAE-based Fertiglobe at Tk289.93 crore, or $519.17 per tonne.
The government also recommended purchasing 30,000 tonnes of bagged granular urea from local supplier Karnaphuli Fertilizer Company Limited (KAFCO) at Tk153.09 crore, including a bagging charge of $5 per tonne. The price is $410.875 per tonne.