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Bangladesh issues another tender to buy 50,000 tons of rice

Bangladesh’s state grain buyer has issued a new tender to purchase 50,000 metric tons of rice, with offers due by December 2. This follows an earlier tender for the same quantity, which closes today. The country’s rice production has been severely affected by floods, which have destroyed about 1.1 million metric tons, leading to an increase in rice imports to address rising food prices.

HAMBURG: Bangladesh’s state grains buyer has issued another international tender to purchase 50,000 metric tons of rice, traders said on Monday.

The deadline for submission of price offers is Dec. 2. A previously issued tender from Bangladesh also seeking 50,000 tons of rice closes on Monday.

Floods in Bangladesh have destroyed an estimated 1.1 million metric tons of rice, according to data from the agriculture ministry, prompting the country to expand imports of the staple grain amid soaring food prices.


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Source Link : Business Recorder

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