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Rice prices in India jump 14% in two days as traders rush to Bangladesh

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 […]

What’s driving our rice price crisis amid 8-year global low?

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 […]

Rice imports hit 7-year high amid production shortfall

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 […]

Traders get permission to import 26,000 tonnes of rice from India thru Hili port

BSS DINAJPUR, Aug 12, 2025 (BSS) – To keep the price of rice stable, the government has allowed 15 trading organizations to import 26,000 tonnes of rice from India through Hili land port. Deputy Assistant Officer of the Quarantine Department of Dinajpur Hili Land Port Md Yusuf Ali said today that rice import activities from […]

242 companies get permission to import 5 lakh tonnes of rice

UNB News In a move to control rising rice prices and stabilise the market, the government has authorised 242 private companies to import a total of 5 lakh metric tonnes of rice, including both parboiled and uncooked varieties. A letter from the Ministry of Food was sent to the Commerce Ministry on Sunday, requesting permission […]

Rice procurement faces disruption due to 0.5% source tax

UNB, Dhaka Rice procurement activities across the country are facing disruptions following the imposition of a 0.5% source tax on domestic rice procurement, according to an official document. The document was placed in a recent meeting of Food Planning and Monitoring Committee (FPMC) held at Bangladesh Secretariat with Finance Adviser Dr Salehuddin Ahmed in the […]

Rice procurement faces disruption due to 0.5% source tax

UNB, Dhaka Rice procurement activities across the country are facing disruptions following the imposition of a 0.5% source tax on domestic rice procurement, according to an official document. The document was placed in a recent meeting of the Food Planning and Monitoring Committee (FPMC) held at Bangladesh Secretariat with Finance Adviser Dr Salehuddin Ahmed in […]

Hope grows with a new aromatic rice variety

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 […]

Govt distributes 3,35,443 tonnes of rice among poor, disaster-hit people

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, […]