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- (-) May 2022
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Bangladesh consumes approximately 6 million metric tons of chemical fertilizers annually, of which about 80 percent are imported. The four major imported chemical fertilizers in Bangladesh are urea, triple super phosphate, diammonium phosphate, and muriate of potash (MOP). Russia and Belarus were the dominant suppliers of MOP in Bangladesh.
Rice export prices decreased 1-2 percent due to the weakening of the Thai baht.
Rice export prices increased around 1 percent from the previous week due to strong demand for white and parboiled Thai rice.
On February 22, 2022, the Government of Bangladesh (GoB) revised the permissible wastage rate for basic garment products to 29 percent, specialized products to 32 percent, and sweaters and socks to 16 percent.
Export prices of white rice increased 7-8 percent from the previous week despite a further weakening of the Thai baht.