# Bangladesh bolsters fertilizer stock with international tenders - Fertilizer Daily

> Bangladesh's state-owned BCIC issued an international tender for 25,000 metric tonnes of rock phosphate, scheduled for delivery in early March 2024 at Chittagong Port, with bids due 6 February 2024. The government also approved purchases of 60,000 tonnes of bulk granular urea from Fertiglobe and SABIC Agri-nutrients.

- Date: 2023-12-29 · published 2023-12-29T12:00:00.000Z
- Category: trade · region Bangladesh · magnitude low
- Page: https://feedsoft.ai/events/33050-bangladesh-bolsters-fertilizer-stock-with-international-tenders-fertilizer-daily
- Commodities: [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md), [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Sizeable state tenders add concentrated import demand for phosphate and urea, which supports firm pricing in these fertilizers for buyers in a tight market.

## Read by commodity

- UREA: bullish ▲
- PHOSROCK: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2023-07-22 | [Downturn in International Fertilizer prices appears to be over.](https://feedsoft.ai/events/7007-downturn-in-international-fertilizer-prices-appears-to-be-over.md) | +31.8% | +18.1% |
| UREA | 2026-05-21 | [Egypt's NCIC issues May/June fertilizer tender with DAP at $915–917/t FOB — Fertilizer Daily](https://feedsoft.ai/events/19577-egypt-s-ncic-issues-may-june-fertilizer-tender-with-dap-at-915-917-t-fob.md) | -3.3% | -31.3% |
| UREA | 2024-01-22 | [Changes in international fertilizer prices from January 12 - January 19.](https://feedsoft.ai/events/4572-changes-in-international-fertilizer-prices-from-january-12-january-19.md) | +12.6% | +13.1% |
| UREA | 2024-02-05 | [Changes in international fertilizer prices from January 26 - February 2.](https://feedsoft.ai/events/32007-changes-in-international-fertilizer-prices-from-january-26-february-2.md) | +1.4% | +11.5% |
| UREA | 2024-01-08 | [Changes in international fertilizer prices from December 22 - January 5.](https://feedsoft.ai/events/11084-changes-in-international-fertilizer-prices-from-december-22-january-5.md) | +2.1% | +13.0% |

## Sources

- fertilizerdaily.com: https://www.fertilizerdaily.com/20231229-bangladesh-bolsters-fertilizer-stock-with-international-tenders/

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