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Bangladesh's cabinet committee on government purchase approved proposals to import a total of 295,000 tonnes of fertiliser, including 155,000 tonnes of urea, 80,000 tonnes of DAP and 60,000 tonnes of TSP. TSP and DAP are sourced from Morocco's OCP Nutricrops and urea from Saudi Arabia's SABIC and UAE's Fertiglobe.
Large state purchases of phosphate and urea support import demand and can firm global fertiliser prices, which feed into the cost of feed-grain production. The purchase is a routine procurement to meet growing agricultural demand rather than a supply shock.
bssnews.netNov 12, 2026After 176 past bullish trade events, Urea moved a median +0.1% over 5 sessions (51% higher; middle half -1.3% to +2.4%), and +1.6% over 20.
After 193 past bullish trade events, DAP moved a median +0.4% over 5 sessions (54% higher; middle half -0.3% to +1.8%), and +1.9% over 20.
Not enough comparable past events yet for a historical read.
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.
