Bangladeshi govt to procure more chemical fertilizer
DHAKA, Aug 29, 2020, Dhaka Tribune. The government has decided to procure additional 200,000 tons of chemical fertilizer in 2020-21 fiscal year to ensure crop production and food security, Dhaka Tribune reported.
Of the 200,000 tons, 100,000 tons will be urea, and the rest will be Diammonium phosphate (DAP), according to an official statement.
“The government has revised chemical fertilizer demand for the current fiscal year, in need of proper and extended cultivation. An additional 100,000 tons of urea and 100,000 tons of Diammonium phosphate (DAP) will be procured through competition on an emergency basis,” the statement said.
The additional amount of urea will be collected by Bangladesh Chemical Industries Corporation (BCIC), and DAP by the Ministry of Agriculture, it added.
Earlier, the demand of urea fertilizer was fixed at 2.45 million tons and DAP at 1.3 million tons.
Now, the demand for urea stands at 2.55 million tons, and DAP at 1.4 million tons.