Anisul Islam. Rice prices remain volatile across mills, wholesale and retail levels, despite a record-breaking rice production in the country following the completion of the Aman paddy harvest. Over the past few weeks, rice prices have surged by Tk 5 to 10 per kilogramme, raising concerns among consumers and experts alike. Market insiders attribute the […]
Erratic weather patterns, including five phases of flooding, Cyclone Remal, and prolonged rainfall, have severely impacted Aush and Aman paddy cultivation. ANM Mohibub Uz Zaman The rice market in the country continues to face volatility, raising concerns over food security and price stability for millions. Despite government efforts to stabilise the market, low import volumes […]
A vessel, carrying the second shipment of rice imported from India, arrived at the Chittagong port. The vessel MV SDR Universe, carrying 26,935 tons of boiled rice, arrived at the outer anchorage of the Chittagong port at 7:15 on Saturday (January 11) from the Kakinada Port in Andhra Pradesh, India under the agreement for rice […]
Under the government’s open tender agreement, the second shipment of 27,000 tons of rice will arrive tomorrow at Chattogram port in Bangladesh, 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 control the prices, the authorities have decided […]
Retailers attribute this surge to rate hikes by mill owners and are calling for stricter monitoring at the mill gates. Government measures, including reduced import tariffs, have yet to make an impact on market prices. Highlights The price of rice has risen by Tk6-10 per kg over the past month, despite the peak Aman season, […]
Stating that the government has taken various steps to control the market, the adviser said import of goods has been made easier. There is no way to deny that people are suffering due to the price hike of rice, but there is no Aladdin’s magic lamp to fix the market immediately, said Commerce Adviser Sheikh […]
The Bangladesh interim government has approved the import of 50,000 tonnes of non- basmati parboiled rice from India to fulfill domestic demand. A private Indian company will supply the rice at a cost of $22,942,000, evidencing a consistent trade relationship despite recent diplomatic tensions. DHAKA: The Bangladesh interim government has approved import of 50,000 tonnes […]
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 […]
Masud Rana. Government foodgrain stocks have significantly declined, prompting urgent measures to replenish reserves. Current stock levels stand at just over 1.2 million tonnes, with rice accounting for about 8,00,000 tonnes and wheat making up the rest. To address this, the government has launched an initiative to import 1.6 million tonnes of rice and wheat […]
If necessary, special Open Market Sale (OMS) programs will be initiated, the adviser said. Tribune Desk To stabilize rice prices, the Ministry of Food has been instructed to increase rice imports from any available sources, said Finance Adviser Dr Salehuddin Ahmed. During a press briefing at the Secretariat on Tuesday following a meeting of the […]
