# Govt to buy 115,000 tonnes of fertilisers | The Daily Star

> Bangladesh's cabinet approved purchases of 115,000 tonnes of fertilizer, including urea at $626.67 per tonne from UAE and Qatar and triple superphosphate at $562 per tonne. The approved prices were above the latest offer rates.

- Date: 2022-11-04 · published 2022-11-04T12:00:00.000Z
- Category: trade · region Bangladesh · magnitude low
- Page: https://feedsoft.ai/events/38992-govt-to-buy-115-000-tonnes-of-fertilisers-the-daily-star
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [TSP](https://feedsoft.ai/c/TSP.md)

## Why it matters

A sizable state tender provides modest demand support for urea and TSP, though the volume is small relative to global markets.

## Read by commodity

- TSP: bullish ▲
- UREA: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2022-09-21 | [Govt okays 90,000-tonne fertiliser purchase \| The Daily Star](https://feedsoft.ai/events/39894-govt-okays-90-000-tonne-fertiliser-purchase-the-daily-star.md) | -0.4% | -7.5% |
| UREA | 2020-08-27 | [Agriculture ministry redetermines fertiliser demand \| The Business Standard](https://feedsoft.ai/events/9345-agriculture-ministry-redetermines-fertiliser-demand-the-business-standard.md) | -3.1% | -6.0% |
| UREA | 2026-04-27 | [India To Import 64 Lakh Tonnnes Of Urea, 19 Lakh Tonnes Of Other Fertilisers Amid Rising Prices From US-Israel-Iran War](https://feedsoft.ai/events/7259-india-to-import-64-lakh-tonnnes-of-urea-19-lakh-tonnes-of-other-fertilisers.md) | -8.8% | -16.4% |
| UREA | 2024-08-01 | [Fertiglobe expects to benefit from cut in Chinese exports of key fertiliser \| The National](https://feedsoft.ai/events/28674-fertiglobe-expects-to-benefit-from-cut-in-chinese-exports-of-key-fertiliser-the.md) | +1.4% | +1.4% |
| UREA | 2023-03-30 | [Fertiliser sales up 2% in Apr-Feb FY23 on higher urea, DAP offtake  - The HinduBusinessLine](https://feedsoft.ai/events/5527-fertiliser-sales-up-2-in-apr-feb-fy23-on-higher-urea-dap-offtake-the.md) | +2.7% | +15.4% |

## Sources

- thedailystar.net: https://www.thedailystar.net/business/economy/news/govt-buy-115000-tonnes-fertilisers-3160196

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