DHAKA: The Bangladesh Government has approved a proposal from the Ministry of Food to import 50,000 tons of non-basmati parboiled rice from India through an open tender process. The total expenditure for the purchase will amount to Tk282.96 crore. The decision was finalized at a meeting of the Cabinet Committee on Government Purchases, chaired by […]
According to sources at the port authority, after the duty withdrawal, 12 companies approved by the Ministry of Food started importing through Bhomra. Bangladesh imported 6,520.21 metric tonnes (MT) of rice from India through Bhomra Land Port in Satkhira over the past eight days that authorities hope would help stabilise the country’s rice market. The […]
The expenditure for the purchase will amount to Tk282.96 crore. The government has approved a proposal from the Ministry of Food to import 50,000 tons of non-basmati parboiled rice from India through an open tender process. The total expenditure for the purchase will amount to Tk282.96 crore. The decision was finalized at a meeting of […]
Reuters HAMBURG: Bangladesh’s state grains buyer has issued another international tender to purchase 50,000 metric tons of rice, traders said on Monday. The deadline for submission of price offers is Dec. 2. A previously issued tender from Bangladesh also seeking 50,000 tons of rice closes on Monday. Floods in Bangladesh have destroyed an estimated 1.1 […]
Reuters HAMBURG: The lowest price offered in the tender from Bangladesh’s state grains buyer to purchase 50,000 metric tons of rice which closed on Monday was assessed at $471.60 a metric ton CIF liner out, traders said. Offers are still being considered and no purchase had yet been reported, they said. Bangladesh traditionally considers price […]
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 […]
Importers have to directly sell the imported rice in sacks in the market instead of repackaging these goods with the imported companies. The government has asked the private sector to import 327,000 tons of rice within one month, aiming to further control the price of the food grain in the retail market across Bangladesh. Fifty-nine […]
Ministry says high price, new paddy deter traders. Despite approval for the import of 1.052 million metric tonnes of rice, letter of credits (LCs) to import only 9,500 metric tonnes have been opened, according to Food Ministry Secretary Md Masudul Hasan. Even after the government withdrew the 62.5% tax and duty on rice imports, private […]
Govt goes for bulk import as rice prices drop in international market. ANM Mohibub Uz Zaman When consumers are already grappled with soaring commodity prices, retail prices of all varieties of rice have jumped in kitchen markets, thanks to crop losses due to adverse weather conditions, including the recent floods. According to Shahzahan Talukder of […]
Reuters HAMBURG: Bangladesh’s state grains buyer has issued an international tender to purchase 50,000 metric tons of rice, traders said on Tuesday. The deadline for submission of price offers is Nov. 18. A previous tender from Bangladesh for 50,000 tons of rice closed on Monday with rice from India offered at the lowest price with […]
