Bangladesh or will import large amounts of urea

Recently, the Bangladeshi government has redirected a larger portion of natural gas toward electricity generation and household consumption, which has led to significant disruptions in the country's chemical industry. As a result, five out of six urea production plants operated by Bangladesh Chemical Industry have been forced to halt operations. This has raised concerns over the nation's ability to meet its domestic fertilizer demands. Currently, the country holds about 600,000 tons of urea in stock. However, if the natural gas shortage persists and production remains affected, Bangladesh may be compelled to start importing urea in the coming months. This shift could impact both local farmers and the broader agricultural sector, as urea is a critical input for crop production. The situation highlights the growing tension between energy priorities and industrial output in the country. Analysts are closely monitoring the developments, as any delay in securing alternative supplies could lead to supply chain disruptions and rising prices.

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