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Bangladesh's government plans a joint-venture plant in Saudi Arabia producing 1 million tonnes a year of DAP, with each government holding a 50% stake. A non-binding MoU may be signed during the prime minister's proposed November visit, and commercial production is expected only in 2030.
The project is a long-term supply plan with no near-term effect on DAP availability or prices, since production is years away and the MoU is non-binding.
lankabd.comNov 1, 2026After 29 past neutral policy events, DAP moved a median +0.2% over 5 sessions (55% higher; middle half -0.4% to +1.3%), and +1.9% 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.
