Agadir – Bangladesh has approved the import of 140,000 metric tons of phosphate-based fertilizers from Morocco’s OCP Nutricrops, reinforcing a longstanding agricultural partnership between the two countries.
The approval was granted on Monday by Bangladesh’s Cabinet Committee on Government Purchase (CCGP) during its 41st meeting, chaired by Finance Minister Amir Khosru Mahmud Chowdhury at the Bangladesh Secretariat, according to Bangladesh Sangbad Sangstha (BSS), the country’s national news agency.
Under a government-to-government agreement between OCP Nutricrops and the Bangladesh Agricultural Development Corporation (BADC), the committee approved two 40,000-ton lots of diammonium phosphate (DAP) fertilizer.
The fourth lot will cost 443.06 crore Bangladeshi taka, while the fifth lot will cost 442.89 crore taka. The price for both lots was set at $894 (MAD 8,281) per ton.
The committee also approved two 30,000-ton lots of triple superphosphate (TSP) fertilizer from OCP Nutricrops.
The fifth lot will cost 252.01 crore taka at $678 (MAD 6,280) per ton, while the sixth lot will cost 248.20 crore taka at $668 (MAD 6,187) per ton.
The latest approval brings the total volume covered by the four lots to 140,000 tons, comprising 80,000 tons of DAP and 60,000 tons of TSP.
Renewed agreement expands fertilizer cooperation
The purchases come under a broader renewed agreement between OCP Nutricrops and BADC, under which the Moroccan group’s subsidiary is set to supply Bangladesh with up to 1.3 million metric tons of phosphate-based fertilizers over 2026 and 2027.
The agreement includes up to 750,000 metric tons of TSP, a phosphorus-rich fertilizer used to improve soil fertility and support agricultural productivity.
OCP Nutricrops and BADC have maintained a fertilizer supply partnership since 2008. The renewed agreement reflects the two sides’ continued cooperation on agricultural productivity, soil health, and food security.
OCP Nutricrops Chairman and CEO Faris Derrij previously said the agreement reflects a shared commitment to supporting Bangladesh’s agricultural sector and strengthening its resilience to climate-related challenges.
The broader CCGP meeting approved the import of 365,000 metric tons of fertilizer from suppliers in Saudi Arabia, Russia, Morocco, Canada, and Bangladesh.
The expanded cooperation between OCP Nutricrops and BADC also builds on a broader partnership between Morocco and Bangladesh in agriculture.
Earlier this year, OCP Foundation and Bangladesh’s Ministry of Agriculture signed a three-year partnership focused on farmer capacity building, knowledge sharing, soil health, and agricultural practices adapted to Bangladesh’s specific conditions.
OCP strengthens role in global fertilizer market
The Bangladesh deal comes as OCP continues to expand its role as a major international supplier of phosphate-based fertilizers, leveraging Morocco’s large phosphate resources and the group’s integrated production and distribution capabilities.
OCP’s international reach was also demonstrated recently in the United States, where a 54,000-ton shipment of Moroccan TSP arrived at the Port of New Orleans. The shipment marked the reopening of a Moroccan phosphate fertilizer supply route to the US after more than five years of restricted access.
The development pointed to OCP’s ability to connect its phosphate production in Morocco with agricultural markets abroad, while responding to changing fertilizer demand and supply conditions.
OCP’s expanding presence across international markets comes as countries seek to secure fertilizer supplies and improve the efficiency of agricultural inputs amid disruptions to global supply chains.
