# Bangladesh bidding ends, potential demand for diammonium is considerable

> Bangladesh awarded a 700,000-tonne DAP tender at USD 585.89-599.42/t CFR, drawing 51 bids totaling 1.9 million tonnes, mostly from China. India raised its DAP import subsidy, but high domestic costs cap its import willingness below current market prices.

- Date: 2021-06-10 · published 2021-06-10T12:00:00.000Z
- Category: trade · region Bangladesh · magnitude medium
- Page: https://feedsoft.ai/events/46893-bangladesh-bidding-ends-potential-demand-for-diammonium-is-considerable
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Strong South Asian import demand and tight Chinese export supply support higher DAP prices, which raises fertiliser costs for crop producers supplying feed grains.

## Read by commodity

- DAP: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| DAP | 2021-06-16 | 1 | -1.8% | -3.2 | The Bangladesh DAP tender cleared at USD 586-599/t CFR and India's high domestic costs capped its willingness to import at current market prices, which suggests buyer resistance and could weigh on DAP prices. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DAP | 2025-01-03 | [Is Bangladesh settling for a higher price?](https://feedsoft.ai/events/26831-is-bangladesh-settling-for-a-higher-price.md) | +1.5% | +1.2% |
| DAP | 2021-10-22 | [Diammonium Phosphate Prices Surge by 50% on High Freight Rates and China’s Curbing Exports - News and Statistics - IndexBox](https://feedsoft.ai/events/44883-diammonium-phosphate-prices-surge-by-50-on-high-freight-rates-and-china-s.md) | -0.5% | +4.3% |
| DAP | 2026-10-14 | [OCP to supply 40,000 t of DAP to Bangladesh at $866/t in key government deal](https://feedsoft.ai/events/663-ocp-to-supply-40-000-t-of-dap-to-bangladesh-at-866-t-in-key-government-deal.md) | 0.0% | — |
| DAP | 2022-05-19 | [Bangladesh Plans To Purchase OCP Fertilizers](https://feedsoft.ai/events/41718-bangladesh-plans-to-purchase-ocp-fertilizers.md) | 0.0% | -10.0% |
| DAP | 2021-08-09 | [Fert markets watching potential China export slowdown \| Farm Online \| ACT](https://feedsoft.ai/events/45870-fert-markets-watching-potential-china-export-slowdown-farm-online-act.md) | 0.0% | +5.6% |

## Sources

- fdd-global.com: https://www.fdd-global.com/article-hot-news/bangladesh-bidding-ends-potential-demand-for-diammonium-is-considerable.html

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