Govt move expected to replenish stock, tame prices. The interim government is set to import seven lakh tonnes of rice, the highest in the last seven fiscal years, as it looks to shore up its depleting food grain stock and ease the cost of living crisis for the low- and fixed-income people battered by the […]
After the recent hike in rice prices, govt takes up initiative to increase supply at affordable prices. Two metric tonnes of rice will be sold daily in 422 upazilas across the country under the OMS (Open Market Sale) programme. In the first phase, this programme will run during January and February, according to a notice […]
Published by : Navalsang Parmar. In Bangladesh, under the government’s open tender agreement, the second shipment of 27,000 tons of rice is scheduled to arrive tomorrow at Chattogram port from Kakinada port of Andhra Pradesh, India. Amid harvest season, the rice prices have continued to rise, contrary to the expectations of the interim government. To […]
Cabinet committee approves 50,000 tonnes of rice import. The government has taken an initiative to accelerate rice imports to strengthen the buffer stock of food grains and to arrest the upward trend of the staple’s price. At a meeting yesterday of the cabinet committee on purchase, Finance Adviser Salehuddin Ahmed directed the relevant ministries to […]
Despite the import of 50,161 tonnes of rice through Bhomra land port in Satkhira alone over the past month, rice prices in the domestic market have remained stubbornly high. The duty-free rice imports, permitted to 92 companies since November 13, were aimed at stabilising prices, but no significant impact has been observed. Importers report that […]
Potato and onion prices have dropped with the arrival of new harvests. However, Broiler chicken prices have surged by Tk20 per kg. In addition, soybean oil supply has yet to normalise. The overall rice prices have not stabilised despite the recent arrival of Aman rice. In fact, prices have surged by Tk100-Tk300 per sack over […]
Al Mamun Sagar The price of rice continues to rise, leaving consumers grappling with increasing costs and frustration. Over the past week, prices in Kushtia’s Khajanagar, the country’s second-largest rice hub, have surged by Tk 2–3 per kg at the mill gate and by Tk 4 per kg in retail markets. With Kushtia’s market trends […]
Since rice was declared duty-free, 1,340 tonnes of rice arrived from India through Benapole in nine days. Benapole Correspondent Traders are reluctant to import rice from India due to low wholesale and retail prices of coarse rice in the domestic market. Importers claim that rice being imported at a price of Tk 53 per kg […]
The home ministry has warned the government about the possible shortfall of rice due to volatile global market, rising dollar price, soaring production cost and recent floods. Exploiting the issues, unscrupulous traders is destabilising the rice market by hoarding it, adversely affecting the country’s consumers. The ministry has conducted an investigation against the backdrop of […]
Abul Kashem & Shaikh Abdullah Food Secretary Md Masudul Hasan told TBS that by December, at least 2 lakh tonnes of rice will be imported through the private sector and another 3 lakh tonnes through G2G agreements. The government is set to import 10.50 lakh tonnes of rice this fiscal year to stabilise domestic rice […]
