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.
For almost 30 years of expertise in the agri markets, UkrAgroConsult has accumulated an extensive database, which became the basis of the platform AgriSupp.
It is a multi-functional online platform with market intelligence for grains and oilseeds that enables to get access to daily operational information on the Black Sea & Danube markets, analytical reports, historical data.
You are welcome to get a 7-day free demo access!!!
Read also
China to expand insurance coverage for grains, oilseeds and livestock
Paraguay may expand soybean area to 3.7 mln ha
Moldovan farmers threaten protests over VAT increase on grains and oilseeds
US rail fuel surcharges pressure grain prices for farmers during harvest
France may harvest smallest corn crop in 50 years
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon