The government of Bangladesh has approved significant procurement decisions, aiming to secure essential commodities for the country. The Trading Corporation of Bangladesh (TCB) will purchase 70 lakh litres of soybean oil from a local company at Tk 183 per litre, while an additional 1.10 crore litres will be procured from US-based company Accentuate Technology Inc at Tk 140 per litre. The commerce ministry proposed a direct purchase of 12,500 tonnes of sugar at Tk 105 per kilogramme.
Furthermore, the Bangladesh Agricultural Development Corporation (BADC) intends to acquire 30,000 tonnes of triple superphosphate fertiliser from OCP of Morocco at $368 per tonne and 50,000 tonnes of muriate of potash from the Canadian Commercial Corporation at $418 per tonne, both through state-level contracts. These procurement decisions emphasize the government’s commitment to ensuring an adequate supply of essential commodities at fair prices for the nation.