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Bangladesh to import 100,000 T of white rice from Myanmar at $442/T
September 18, 2017 / 11:18 AM / 2 months ago

Bangladesh to import 100,000 T of white rice from Myanmar at $442/T

DHAKA, Sept 18 (Reuters) - Bangladesh will import 100,000 tonnes of white rice from Myanmar at $442 a tonne in a state-to-state deal, the food minister said on Monday, as it grapples with depleted stocks and record domestic prices.

The decision comes after Bangladesh finalised a deal to 250,000 tonnes of white rice at $453 a tonne from Cambodia, following a comparatively cheaper deal with Vietnam.

Bangladesh, the world’s fourth biggest rice producer, has emerged as a major importer of rice after floods hit crops. (Reporting by Ruma Paul; Editing by Clarence Fernandez)

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