# Govt in dilemma over price hike of fertiliser: Agriculture minister | Prothom Alo

> Bangladesh's agriculture minister said the government faces a dilemma over raising fertiliser prices, since continued subsidies strain the budget while removing them would raise farm costs. He said subsidy needs are around Tk 280 billion, with Tk 190 billion provided so far, and that global fertiliser prices have risen sharply.

- Date: 2022-02-14 · published 2022-02-14T12:00:00.000Z
- Category: policy · region Bangladesh · magnitude low
- Page: https://feedsoft.ai/events/43007-govt-in-dilemma-over-price-hike-of-fertiliser-agriculture-minister-prothom-alo
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Higher global fertiliser costs raise production costs for Bangladesh farmers and may pressure food output and prices; the story signals subsidy strain rather than a direct move in feed commodity prices.

## Read by commodity

- UREA: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2020-09-06 | [There is no fertiliser crisis in the country: Agriculture minister \| The Business Standard](https://feedsoft.ai/events/51418-there-is-no-fertiliser-crisis-in-the-country-agriculture-minister-the-business.md) | -1.5% | -6.0% |
| UREA | 2022-07-01 | [Rising cost of agricultural fertiliser and feed: Causes, impacts and government policy](https://feedsoft.ai/events/40882-rising-cost-of-agricultural-fertiliser-and-feed-causes-impacts-and-government.md) | +5.1% | +20.1% |
| UREA | 2020-06-22 | [Fertilizer industry hints at hike in urea price - Business Recorder](https://feedsoft.ai/events/52917-fertilizer-industry-hints-at-hike-in-urea-price-business-recorder.md) | +2.3% | +6.2% |
| UREA | 2024-03-01 | [Engro Fertilizers raises urea price by Rs740 amid gas hike](https://feedsoft.ai/events/6435-engro-fertilizers-raises-urea-price-by-rs740-amid-gas-hike.md) | +8.3% | +5.8% |
| UREA | 2020-09-15 | [Fertilizer: Urea price hike on the cards following denial of relaxation on GIDC payments](https://feedsoft.ai/events/51408-fertilizer-urea-price-hike-on-the-cards-following-denial-of-relaxation-on-gidc.md) | -0.7% | -5.2% |

## Sources

- en.prothomalo.com: https://en.prothomalo.com/bangladesh/govt-in-dilemma-over-price-hike-of-fertiliser-agriculture-minister

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