TBS Report Dhaka announced on Wednesday it would allow duty-free imports of 500,000 tonnes of rice in a move aimed at stabilising domestic prices. Rice prices in India have risen by as much as 14% in two days after Bangladesh removed a 20% import duty on the staple, prompting traders across the border to rush […]
Despite govt’s permission, importers at the Dinajpur-based land port say they are unwilling to proceed because customs duties and taxes remain high UNB Although rice imports through Hili land port have begun, importers have been refraining from clearing their consignments from customs, fearing heavy financial losses due to high import duty. Despite receiving the government’s […]
By Sutanuka Ghosal Synopsis Rice prices in India have surged up to 14% due to increased exports to Bangladesh, which has temporarily removed its 20% import duty. Traders, anticipating this move, had stocks ready, leading to a supply imbalance and price hikes for varieties like Swarna, Miniket, and Sona Masoori across India. Rice prices in […]
Shahadat Hossain Since August last year, prices have surged in waves, even during peak Aman and Boro harvests. Global rice prices have slumped to their lowest in eight years, yet in Bangladesh, they continue to climb—defying record harvests, high imports, and large government reserves. The result: record-high retail prices for the country’s staple grain, persisting […]
Sukanta Halder Apparently for floods, data inconsistencies. Bangladesh’s rice imports surged to a seven-year high in the last fiscal year (FY25) of 2024-25, driven by a shortfall in domestic production, according to official data. Public and private importers brought in 14.36 lakh tonnes of rice last fiscal year, the highest since FY18, when Bangladesh imported […]
Shahadat Hossain First aromatic small-grain Boro rice variety approved. Highlights: Kalijira, chinigura, kataribhog. These are among the local aromatic rice varieties that rule the special menus at Bangladeshi homes, ceremonies and high-end eateries. But most of these indigenous varieties are often low-yielding, thus high-priced and commercially less viable. As market demand rises both locally and […]
BSS Besides, under its food for work programme, the Ministry of Disaster Management and Relief conducted various rural infrastructure repair works The interim government has so far distributed over 3,35,443 tonnes of rice among the extreme poor and disaster-affected people. Under the Vulnerable Group Feeding (VGF) programme of the Ministry of Disaster Management and Relief, […]
Sponsored content Rice supply unpredictability relative to market demand often leads to price volatility, which draws criticism toward key traders, especially millers, according to industry complaints. In recent years, during the peak Aman and Boro harvesting seasons, paddy prices remained high instead of falling as expected, due to new traders entering the market and many […]
The prices of rice, pulse, edible oil and flour have increased in the city kitchen markets on Friday. Supply crunch caused the scarcity of some grocery items in the capital during ongoing holidays due to coronavirus situation, said traders. Price of loose soybean oil has increased to Tk 98 a litre from Tk 92-94 by […]
Yasir Wardad The Ministry of Commerce (MoC) on Tuesday rescinded the recent Directorate of National Consumers’ Right Protection (DNCRP) directive that rice mills have to stop selling rice under the names of Miniket and Jeerashail. The DNCRP is an entity under the MoC. It also requested the food ministry to look into the matter and […]
