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Bangladesh's government will need roughly Tk 28,000 crore for fertiliser subsidies against a budget of Tk 9,500 crore, as the import price of urea has tripled in a year. The agriculture minister said there is no plan to raise farm fertiliser prices for now, but warned subsidy support would be hard to sustain if volatility persists.
Sharply higher urea import costs signal elevated nitrogen prices globally, which feed into farm input costs and grain production economics.
tbsnews.netTBS ReportFeb 14, 2022After 129 past bullish policy events, Urea moved a median -0.1% over 5 sessions (47% higher; middle half -1.3% to +2.3%), and +1.4% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
