Bangladesh issues another tender to buy 50,000 T wheat
Bangladesh’s state grains buyer has issued a tender to purchase 50,000 metric tons of milling wheat, with price offers due by November 25. This follows a previous tender for 50,000 tons, which remains unfulfilled. The country has increased imports after floods devastated rice crops, causing significant losses. Wheat can be sourced globally, excluding Israel.
HAMBURG: Bangladesh’s state grains buyer has issued an international tender to purchase 50,000 metric tons of milling wheat, European traders said on Monday.
The deadline for the submission of price offers is Nov. 25, they said.
A previous tender from Bangladesh for 50,000 tons of wheat closed on Nov. 7, with price offers still being considered and no purchase yet reported.
Bangladesh has been active in wheat and rice import markets in past weeks after floods in the country destroyed an estimated 1.1 million tons of rice.
Floods brought by heavy monsoon rains and torrential upstream runoff struck the country in two major waves in August and October, claiming at least 75 lives and affecting millions, particularly in the eastern and northern regions where crop damage has been the most severe.
Bangladesh’s agriculture ministry said this year’s flooding has resulted in a substantial loss of rice production. In response, the government is moving quickly to import grains.
Source Link : https://www.brecorder.com/news/40331822/bangladesh-issues-another-tender-to-buy-50000-t-wheat
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