# Is Bangladesh settling for a higher price?

> Bangladesh's state buyer BADC agreed in December to import 1.2 million tons of DAP from Saudi Arabia's Ma'aden at USD 743 per ton, above the roughly USD 600 current import price. Purchases of DAP from Morocco at USD 584.50 and from China and Saudi Arabia at lower prices were approved earlier. The article questions whether the government overpaid.

- Date: 2025-01-03 · published 2025-01-03T12:00:00.000Z
- Category: trade · region Bangladesh · magnitude low
- Page: https://feedsoft.ai/events/26831-is-bangladesh-settling-for-a-higher-price
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Bangladesh's above-market contract shows strong import demand for DAP and supports phosphate price levels, though the spread versus spot prices suggests the market is volatile.

## Read by commodity

- DAP: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DAP | 2021-06-10 | [Bangladesh bidding ends, potential demand for diammonium is considerable](https://feedsoft.ai/events/46893-bangladesh-bidding-ends-potential-demand-for-diammonium-is-considerable.md) | +2.1% | +1.3% |
| DAP | 2021-10-05 | [Farmers face fertiliser shortages, higher prices after China export ban \| VIC](https://feedsoft.ai/events/5913-farmers-face-fertiliser-shortages-higher-prices-after-china-export-ban-vic.md) | 0.0% | +3.3% |
| DAP | 2025-04-16 | [Will Sky-High Phosphate Prices Spell Disaster for Farmers?](https://feedsoft.ai/events/25436-will-sky-high-phosphate-prices-spell-disaster-for-farmers.md) | 0.0% | +2.3% |
| DAP | 2020-10-01 | [U.S. fertilizer prices surge to decade high](https://feedsoft.ai/events/50574-u-s-fertilizer-prices-surge-to-decade-high.md) | +0.7% | +0.7% |
| DAP | 2022-05-19 | [Bangladesh Plans To Purchase OCP Fertilizers](https://feedsoft.ai/events/41718-bangladesh-plans-to-purchase-ocp-fertilizers.md) | 0.0% | -10.0% |

## Sources

- dhakatribune.com: https://www.dhakatribune.com/bangladesh/369816/is-bangladesh-settling-for-a-higher-price

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.