UREA fertilizer reference price for May indicated a sharp increase of K63,000 per bag compared to last month’s price, according to Myanmar Fertilizer, Seed and Pesticide Entrepreneurs Association (MFSPEA).
The reference prices set in January-April 2026 were stable at K94,000 per 50-kilogramme bag of Urea fertilizer (large granular), and K115,000 per 50-kilogramme bag of Di Ammonium Phosphate.
The reference price for Urea fertilizer (large granular) is set at K157,000 per 50-kilogramme bag in May, while the price of Di Ammonium Phosphate stays the same at K115,000 per bag.
The prices may vary a bit depending on transport charges in other regions and states, as the aforementioned prices are set for the Yangon Region, MFSPEA stated.
Additionally, reference prices will be further announced as per rules and regulations. For overcharging, consumers can complain to the committee through contact numbers 067 410032 and 09 988539360. MFSPEA has already asked the member companies to stick to the reference prices.
At present, the Fertilizer Committee holds a quarterly meeting to ensure quality fertilizer for growers without facing shortages. Under the approval of the Fertilizer Technology Group, 12,297 fertilizer registrations have been granted after the 43rd meeting of the Fertilizer Committee. With individuals’ consent, 2,088 registrations were voluntarily cancelled. The department revoked 2,867 registrations for expiration of validity, and 7,342 registrations are still under processing. — NN/KK
