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Govt approves 260,000 tonnes of urea, DAP and TSP

The Cabinet Committee on Government Purchase (CCGP) on Thursday approved proposals to procure 260,000 metric tonnes of urea, DAP and TSP fertilisers at a combined cost of around Tk2,106 crore.

Finance Minister Amir Khosru Mahmud Chowdhury presided over the meeting held at the Secretariat.

Of the total approved quantity, 150,000 tonnes will be urea, 80,000 tonnes DAP and 70,000 tonnes TSP fertiliser.

The committee approved the purchase of 30,000 tonnes of bagged granular urea from Karnaphuli Fertiliser Company Ltd (KAFCO), Bangladesh, as the third lot of the 2026-27 fiscal year.

The procurement will cost Tk162.39 crore, with the price fixed at $438.125 per tonne, including an FOB price of $433.125 and a bagging charge of $5.

Another 40,000 tonnes of bulk granular urea will be imported from SABIC Agri-nutrients Company of Saudi Arabia as the sixth lot of the fiscal year at a cost of Tk228.90 crore.

The price for the Saudi Arabian urea has been set at $463.17 per tonne.
The committee also approved the import of 40,000 tonnes of bulk granular urea from Fertiglobe-UAE on a CFR basis as the first lot of the fiscal year.

The procurement will cost Tk269.56 crore, with the price fixed at $545 per tonne.

The remaining six approved proposals involve imports of DAP and TSP fertilisers from Morocco’s OCP NUTRICROPS, S.A. under government-to-government agreements with the Bangladesh Agricultural Development Corporation (BADC).

The sixth and seventh lots of DAP fertiliser, each involving 40,000 tonnes, were approved at a cost of Tk433.76 crore each. The price for both lots is $877 per tonne.

The committee also approved the eighth lot of TSP fertiliser, involving 30,000 tonnes, at a cost of Tk247.67 crore.

The price of the TSP fertiliser was set at $667.67 per tonne.

The ninth lot of TSP fertiliser, involving 40,000 tonnes, was also approved at a cost of Tk330.23 crore at the same price of $667.67 per tonne.