Indian Rice Shipment Reaches Bangladesh Port
21-Jan-2025 10:37 AM
Indian Rice Shipment Reaches Bangladesh Port
★ Yesterday, 5,750 tons of Indian rice arrived at Mongla Port.
★ This is the first shipment of a 50,000-ton consignment under an international tender, with more shipments expected soon.
★ Demand for Indian basmati and non-basmati rice is steadily increasing in international markets.
★ Approval has also been granted to produce ethanol from surplus stock.
★ Before wheat procurement begins, the government aims to ensure adequate stock availability in warehouses.
★ Additional schemes may be introduced in the future to reduce surplus stock.
★ As stocks decrease, rice prices are expected to stabilize and improve over time.
