Morocco’s OCP Group to Supply 40,000 Tons of Fertilizer to Bangladesh

After the green light from the Cabinet Committee on Government Purchases, the Bangladesh Agricultural Development Corporation (BADC) will soon receive a stock of 40,000 tons of diammonium phosphate (DAP) from the OCP group as part of a tender for the purchase of a total stock of 70,000 tons of fertilizers on the international market, reports the Bangladeshi daily newspaper Newage Business, specialized in news on Bangladesh and international business. The import price is $610 per ton of DAP.

Last October, Rabat and Dhaka concluded an agreement for a total supply of 520,000 tons of DAP from Morocco during the 2022/2023 fiscal year. In 2021, the OCP Group had delivered fertilizers worth $566 million to its partner, which represents a third of Bangladesh’s total purchases.