Bangladesh turns to international market for rice

The  Bangladesh government has started buying rice from the international market in its effort to replenish public food stocks and increase its capacity to intervene in the market to curb a price spike of the staple food

Nov 18, 2020
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The  Bangladesh government has started buying rice from the international market in its effort to replenish public food stocks and increase its capacity to intervene in the market to curb a price spike of the staple food.

As part of the move, the Directorate of Food floated a tender on Sunday to purchase 50,000 tonnes of parboiled rice from the international market.

It is likely to seek bids for another 50,000 tonnes soon, said Director General Sarwar Mahmud.

https://www.thedailystar.net/business/news/govt-turns-international-market-rice-1996809

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