LiveMarket prices
Wheat flour (packaged)58+0.0%Ginger (imported)167+0.0%Ginger (local)154+0.0%Aman rice (medium)56+0.0%Aman rice (coarse)48+0.0%Aman rice (fine)72+0.0%Iodised salt (packaged)32+0.0%Green chilli218+0.0%Broiler chicken162+0.0%Mutton900+0.0%Sugar (local)132+0.0%Chickpeas (whole)85+0.0%Farm eggs (red)47+0.0%Onion (local)60+0.0%Boro rice (medium)55+0.0%Boro rice (coarse)47+0.0%Boro rice (fine)66+0.0%Beef729+0.0%Mung dal122+0.0%Garlic (imported)192+0.0%Garlic (local)173+0.0%Soybean oil163+0.0%
Updated 6 November 2026
Dhaka28°Clear skyHumidity 63%Wind 10 km/h

BCIC plans three new fertiliser plants at Bhola, Chattogram and Palash

Local plants make 42 per cent of the urea and just 9 per cent of the TSP the country needs. The goal is 2.7 million tonnes in three to five years, with gas the big question at Bhola.

The Bangladesh Chemical Industries Corporation (BCIC) plans three new plants: 1,700 tonnes of urea a day at Bhola, 400,000 tonnes of TSP a year at North Patenga in Chattogram and 24,000 tonnes of urea formaldehyde-85 (UF-85) a year at Palash in Narsingdi. It aims to raise output to 2.7 million tonnes within three to five years.

In fiscal 2025-26, urea demand was 2.6 million tonnes, and BCIC's seven plants made 1,100,732.50 tonnes, or 42.34 per cent. Against TSP demand of 750,000 tonnes, output was 68,259 tonnes (9.10 per cent); against DAP demand of 1,485,000 tonnes it was 82,142 tonnes (5.53 per cent). Most of the rest has to be imported.

BCIC officials put the subsidy at Tk 23,000 a tonne for urea, Tk 49,170 for TSP and Tk 98,840 for DAP.

The Bhola plant would need 45 to 50 million cubic feet of gas a day, and a steady supply is seen as the main challenge. BCIC chairman Md Babul Mia said gas, technical readiness, financing and approvals all have to be secured.

The North Patenga plant would use spare land at the TSP complex, where raw material shortages and plant problems are holding back output. The UF-85 plant would use spare land at Ghorashal-Palash Fertilizer PLC. The chairman said the technical and economic sides of the Chattogram project are under review, and that next steps at Palash depend on technology, market demand and feasibility.

All three are still plans. If built, they would raise fertiliser supply and give the country a chance to import less.

Source: Daily Bangladesh

Daily BangladeshSource

Agribusiness

Related stories

Comments

(0)