The government will import 2.15 lakh MT of various kinds of fertilizers under state-to-state agreements with Russia, Morocco and Canada for ensuring adequate supply for the 2025–26 fiscal year.
The decision was taken at the meeting of the Advisers Council Committee on Government Purchase at the Secretariat on Tuesday with Finance Adviser Dr Salehuddin Ahmed in the chair.
According to official documents, the Ministry of Agriculture placed the proposals with Bangladesh Agricultural Development Corporation (BADC) as the implementing agency.
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From Russia, Bangladesh will import the first lot of 35,000 metric tonnes of Muriate of Potash (MOP) fertilizer from JSC “Foreign Economic Corporation (Prodintorg)” at USD 361 per tonne. The total contract value stands at USD 1.26 crore, equivalent to Tk 154.91 crore.
Under the 2025–26 target of 5.99 lakh tonnes of MOP, imports from Russia will cover 1.99 lakh tonnes, of which 0.63 lakh tonnes have already been imported.
Bangladesh will also import fertilisers from Morocco through OCP, Nutricrops.
The second lot of 40,000 tonnes of Diammonium Phosphate (DAP) will be imported at USD 782.67 per tonne costing USD 3.13 crore or Tk 384.45 crore.
The 2025–26 target for DAP imports is 8.81 lakh tonnes of which Morocco will supply 2.81 lakh tonnes.
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The second lot of 30,000 tonnes of Triple Super Phosphate (TSP) will be imported at USD 584.67 per tonne, totalling USD 1.75 crore or Tk 215.39 crore.\
The third lot of 30,000 tonnes of TSP will be procured at the same unit price and contract terms, costing another Tk 215.04 crore.
For 2025–26, the TSP import target is 4.25 lakh tonnes, of which Morocco will provide 3.25 lakh tonnes.
From Canada, Bangladesh will import two lots of MOP fertiliser through the Canadian Commercial Corporation.
The fourth lot of 40,000 tonnes will be imported at USD 361 per tonne, totalling USD 1.44 crore or Tk 177.32 crore.
The fifth lot of 40,000 tonnes, also at USD 361 per tonne, will be imported at USD 1.44 crore or Tk 177.03 crore.
Out of the total MOP target of 5.99 lakh tonnes for FY2025–26, Canada will supply 4 lakh tonnes.
Officials said these state-level contracts, renewed earlier this year, follow the pricing formulas stipulated in the agreements and are designed to ensure stable fertilizer supply to farmers at a time of rising global market volatility.