# Bangladesh paying heavily for inefficiency, poor maintenance of local fertilizer units

> Bangladesh's fertilizer subsidy for the current fiscal year is projected at Tk30,000 crore, more than four times the prior year, as import prices have tripled amid the Ukraine war and pandemic disruptions. Inefficiency and poor maintenance at state fertilizer factories are also raising costs.

- Date: 2022-04-12 · published 2022-04-12T12:00:00.000Z
- Category: macro · region Bangladesh · magnitude low
- Page: https://feedsoft.ai/events/42161-bangladesh-paying-heavily-for-inefficiency-poor-maintenance-of-local-fertilizer
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Higher global fertilizer import costs strain import-dependent countries' budgets and can reduce application, a modest bullish factor for crop input and grain prices.

## Read by commodity

- UREA: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2021-08-27 | [Supply Lines Latest: Global Inflation Is Coming for Fertilizer - Bloomberg](https://feedsoft.ai/events/6007-supply-lines-latest-global-inflation-is-coming-for-fertilizer-bloomberg.md) | +10.6% | +24.4% |
| UREA | 2024-06-23 | [Potential for volatility to reignite in fertiliser markets](https://feedsoft.ai/events/29673-potential-for-volatility-to-reignite-in-fertiliser-markets.md) | +0.2% | -1.2% |
| UREA | 2022-05-11 | [Fertilizer prices expected to remain higher for longer](https://feedsoft.ai/events/41325-fertilizer-prices-expected-to-remain-higher-for-longer.md) | -0.8% | -18.1% |
| UREA | 2022-04-29 | [Why the Fertilizer Sector Looks Promising in 2022 \| Aranca](https://feedsoft.ai/events/9206-why-the-fertilizer-sector-looks-promising-in-2022-aranca.md) | -16.6% | -16.3% |
| UREA | 2022-01-10 | [Why the cost of fertilizer is rising](https://feedsoft.ai/events/43075-why-the-cost-of-fertilizer-is-rising.md) | -8.8% | -17.6% |

## Sources

- dhakatribune.com: https://www.dhakatribune.com/bangladesh/agriculture/267967/bangladesh-paying-heavily-for-inefficiency-poor

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