# Government plans to set up three new fertilizer factories

> Bangladesh plans to build a urea plant in Bhola with capacity of 1,700 tonnes per day, a TSP plant in Chattogram producing 400,000 tonnes annually, and a UF-85 plant in Narsingdi producing 24,000 tonnes annually. The Bangladesh Chemical Industries Corporation aims to raise fertilizer output to 2.7 million tonnes over the next three to five years, reducing import dependence; current domestic TSP and DAP production meets only a small share of demand.

- Date: 2026-11-06 · published 2026-11-06T09:13:38.975Z
- Category: policy · region Bangladesh · magnitude medium
- Page: https://feedsoft.ai/events/83739-government-plans-to-set-up-three-new-fertilizer-factories
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [TSP](https://feedsoft.ai/c/TSP.md)

## Why it matters

If implemented, additional local urea and TSP capacity could reduce Bangladesh’s reliance on imports and ease domestic fertilizer supply constraints. The plants are planned rather than operating, so any price effect is prospective and likely gradual.

## Read by commodity

- TSP: bearish ▼
- UREA: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2024-04-24 | [Global fertiliser prices set to drop but gas risks cause concern \| Farm Online \| ACT](https://feedsoft.ai/events/5022-global-fertiliser-prices-set-to-drop-but-gas-risks-cause-concern-farm-online-act.md) | -0.7% | -6.4% |
| UREA | 2021-12-02 | [China state planner to guarantee energy supply to fertiliser makers](https://feedsoft.ai/events/43913-china-state-planner-to-guarantee-energy-supply-to-fertiliser-makers.md) | -0.6% | -1.3% |
| UREA | 2021-06-28 | [State planner investigates fertilizer market, following record urea prices](https://feedsoft.ai/events/46503-state-planner-investigates-fertilizer-market-following-record-urea-prices.md) | +2.9% | +1.2% |
| UREA | 2022-10-03 | [U.N. pushes for global fertilizer price cut to avoid 'future crisis' \| Reuters](https://feedsoft.ai/events/39049-u-n-pushes-for-global-fertilizer-price-cut-to-avoid-future-crisis-reuters.md) | +2.0% | -12.6% |
| UREA | 2020-06-19 | [Government decides to reduce VCM on urea - Business Recorder](https://feedsoft.ai/events/52919-government-decides-to-reduce-vcm-on-urea-business-recorder.md) | +0.6% | +6.2% |

## Sources

- bssnews.net: https://www.bssnews.net/news/442648

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