Bangladesh to buy 250,000 tonnes of rice from Thailand, IndiaStaff Writer | October 9, 2017
Bangladesh is set to import 250,000 tonnes of rice from Thailand and India in intergovernmental deals to shore up depleted stocks of the staple, head of the state grain buyer said.
Food trade To fulfill the target
"We will buy 150,000 tonnes of parboiled rice from Thailand at $465 a tonne and another 100,000 tonnes from India's PEC at $455 a tonne," Badrul Hasan of the Directorate General of Food, Bangladesh's procurement agency, told Reuters.
The prices agreed include shipping, insurance and discharge costs.
"We have almost finalised all the deals to fulfill our target," said Hasan, adding that the state grains buyer aims to import 1.5 million tonnes of rice in the year to June 2018." ■