Rice prices plummet 16% in eastern India amid Bangladesh’s land port closure
Bangladesh’s recent move to seal land ports with India and increased fresh harvests locally have brought down rice prices by 16% in the eastern part of the country in the past ten days, according to traders, who said the commodity might see a further decline in prices.
Prices of the popular parboiled miniket rice, which was also exported to Bangladesh to the tune of 45,000-50,0000 tonnes per month, have fallen to Rs 53 per kg from Rs 62 per kg.
Further development of the grain and oilseed markets of Ukraine and the Black Sea region will be in the spotlight of the BLACK SEA GRAIN. KYIV conference, taking place on April 22–23 in Kyiv. The event will focus on strategic directions for the agricultural sector through 2030, including investments, energy independence, processing, and exports of high-value products.
Join strategic discussions and networking with industry leaders to gain актуальна insights, discover new business opportunities, and build partnerships with key market players.
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