# Fertiliser prices rise by Tk5 per kg as govt reduces subsidy | The Business Standard

> Bangladesh's government raised farm-level fertiliser prices by Tk5 per kg on urea, DAP, TSP and MOP, effective April 10, 2023. Officials said the move cuts the government's fertiliser subsidy, which had been very large in FY22.

- Date: 2023-04-11 · published 2023-04-11T12:00:00.000Z
- Category: policy · region Bangladesh · magnitude low
- Page: https://feedsoft.ai/events/36724-fertiliser-prices-rise-by-tk5-per-kg-as-govt-reduces-subsidy-the-business
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [DAP](https://feedsoft.ai/c/DAP.md), [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

Higher domestic fertiliser prices raise input costs for Bangladeshi farmers and may shift demand toward imports or reduce application, while the subsidy cut reflects lower global fertiliser prices.

## Read by commodity

- DAP: bearish ▼
- UREA: bearish ▼
- POTASH: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2024-04-24 | [Global fertiliser prices set to drop but gas risks cause concern \| Farm Online \| ACT](https://feedsoft.ai/events/5022-global-fertiliser-prices-set-to-drop-but-gas-risks-cause-concern-farm-online-act.md) | -0.7% | -6.4% |
| UREA | 2023-01-18 | [Softening global prices to cut fertiliser subsidy in FY24: Secy \| Financial Express Mumbai - newspaper - Read this story on Magzter.com](https://feedsoft.ai/events/38107-softening-global-prices-to-cut-fertiliser-subsidy-in-fy24-secy-financial.md) | -1.1% | -21.7% |
| UREA | 2020-06-19 | [Government decides to reduce VCM on urea - Business Recorder](https://feedsoft.ai/events/52919-government-decides-to-reduce-vcm-on-urea-business-recorder.md) | +0.6% | +6.2% |
| UREA | 2021-06-28 | [State planner investigates fertilizer market, following record urea prices](https://feedsoft.ai/events/46503-state-planner-investigates-fertilizer-market-following-record-urea-prices.md) | +2.9% | +1.2% |
| UREA | 2025-11-26 | [Trump has cut tariffs on fertilizer, but lower prices could remain elusive \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/4470-trump-has-cut-tariffs-on-fertilizer-but-lower-prices-could-remain-elusive-agri.md) | -7.1% | -4.5% |
| DAP | 2019-10-11 | [IFFCO reduces retail prices of non-urea fertilisers by up to Rs 50/bag \| Market - Other Commodities - Business Standard](https://feedsoft.ai/events/8766-iffco-reduces-retail-prices-of-non-urea-fertilisers-by-up-to-rs-50-bag-market.md) | +0.1% | -10.7% |
| DAP | 2019-09-05 | [Advance tax withdrawn from all chemical fertiliser import \| The Business Standard](https://feedsoft.ai/events/57403-advance-tax-withdrawn-from-all-chemical-fertiliser-import-the-business-standard.md) | +1.1% | +1.4% |
| DAP | 2024-04-24 | [Global fertiliser prices set to drop but gas risks cause concern \| Farm Online \| ACT](https://feedsoft.ai/events/5022-global-fertiliser-prices-set-to-drop-but-gas-risks-cause-concern-farm-online-act.md) | -12.3% | -4.6% |

## Sources

- tbsnews.net: https://www.tbsnews.net/economy/fertiliser-prices-tk5-kg-614670

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