In view of the ongoing global economic situation, the Bangladesh government has raised the prices of four types of fertilisers – urea, DAP, TSP, and MOP – by Tk5 per kg.

The price hike was announced in two separate notices from the Ministry of Finance and the Ministry of Agriculture on Monday (April 10).

The price of fertiliser was revised in line with the ongoing global economic situation and the rise in fertiliser price on the international market to keep imports of fertiliser at a reasonable level and ensure their best use, the order said.

The notices further said the new fertiliser rates will take effect from Apr 10.

From now on, urea fertiliser will have to be purchased at Tk 25 per kg, DAP at Tk 19, TSP at Tk 25 and MOP at Tk 18 per kg. 

However, at the farmer level, the price of urea will be Tk 27 per kg, DAP Tk 21, TSP Tk 27 and MOP Tk 20 per kg.

BDST: 1214 HRS, APR 11, 2023
MN/SMS