Sufficient urea stock, no possibility of shortage
Bangladesh currently has 7.37 lakh tonnes of fertilizer in stock and the country will not run out of it in the coming months, Bangladesh Chemical Industries Corporation (BCIC) Chairman Shah Md Imdadul Haque said yesterday.
He spoke at a press conference at BCIC Bhaban in Dhaka.
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“We have been informed by the Energy Division that the gas situation will be calmed down by November,” he said, adding that currently two out of four factories produce urea-based fertilizers.
One plant is not in operation while another will start production within a week, Haque said.
Bangladesh will need about 56 lakh tons of chemical fertilizers, including 26 lakh tons of urea, in the financial year 2022-23.
A total of 2.31 lakh tons of fertilizer were produced as of October 15, compared to 2.68 lakh tons in the same period last year, according to BCIC data.
On October 15, BCIC had 4.58 lakh tons of urea in stock and another 2.79 lakh tons were in transit.
On top of that, the government still imports 4.8 lakh tons of fertilizer under the government-to-government agreement, the BCIC chairman said.
He said the 1,828 tons of fertilizer, which was hardened at Dinajpur Bugger Warehouse, will be distributed to dealers after being repackaged.
Five BCIC teams check fertilizers at different stages of their import, he said, dismissing the allegation of importing expired and unusable fertilizers.
Meanwhile, the BCIC today suspended deputy director and head of Gaibandha Buffer Godown, Nazrul Islam, for giving ‘misleading’ information to the media and failing to deal with fertilizers.
An investigative committee will be formed to investigate the case, Haque said, adding that sometimes entrepreneurs are involved in counterfeiting fertilizer.
Earlier, Agriculture Minister Muhammad Abdur Razzaque said there would be no fertilizer crisis in the country until next boro season despite the closure of two factories due to gas shortage.