Bangladesh's Cabinet Committee on Government Purchase approved imports of 295,000 tonnes of fertiliser ahead of the upcoming Boro season. The package includes 155,000 tonnes of urea from Saudi Arabia, the UAE and KAFCO at prices from $411 to $519 per tonne, and 140,000 tonnes of TSP and DAP from Morocco at $656 and $851.67 per tonne.
Large state tenders for urea and phosphates set a regional price benchmark and add demand for fertilisers used by Bangladeshi rice growers. Buyers of feed grains should note that input costs for local grain production are rising.
After 199 past policy events, Urea moved a median -0.5% over 5 sessions (43% higher; middle half -2.0% to +1.9%), and -0.5% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.