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Bangladesh approves purchase of 100,000 tonnes wheat from Russia

Christian Fernsby ▼ | July 31, 2019
Bangladesh has approved the purchase of 100,000 tonnes of wheat from Russia in an inter-state deal.
Wheat grain
Asia   The wheat is being bought at $267.30 a tonne
The wheat is being bought at $267.30 a tonne, which includes cost, insurance and freight, and other port-related expenses.

Russian state firm Prodintorg will supply the wheat, with the first batch of around 52,000 tonnes arriving in the first week of August, one of the officials said.

The import price is slightly lower than the lowest offer of $267.98 a tonne that the state grains buyer received in its last tender to buy 50,000 tonnes of wheat.

The state grains buyer imported 550,000 tonnes of wheat in the year to June.