BANGLADESH

Urea fertilizer price goes up by Tk 6 a kg

The prices of urea fertilizer has gone up by Tk 6 to Tk 22 per kg.

The price at the dealership level also climbed to Tk 20 from Tk 14 as part of the government’s efforts to regulate the use of fertilizers. 

The new prices came into effect on Monday, the agriculture ministry said in a statement.

According to the ministry, the current price of urea fertilizer in the international market is Tk 81 per kg. As a result, the government will still have to pay a subsidy of Tk 59 per kg even after the latest price hike.

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