Bangladesh tenders to buy 50,000 metric tons of rice, traders say
Bangladesh’s state grains buyer has issued an international tender for 50,000 metric tons of non-basmati parboiled rice, shipment 40 days after contract award to Chittagong and Mongla ports. Offers must remain valid until October 20, with bids due by October 6. Domestic prices remain 15–20% higher than last year.
HAMBURG: Bangladesh’s state grains buyer has issued an international tender to purchase 50,000 metric tons of rice, European traders said on Tuesday. The deadline to submit price offers is October 6.
The tender seeks offers for non-basmati parboiled rice in CIF liner out terms, which involve ship unloading costs, for shipment to the ports of Chittagong and Mongla.
The rice can come from worldwide origins except Israel and shipment is required 40 days after contract award.
The rice must come from the 2025 crop year.
Price offers submitted in the tender must remain valid up to October 20.
Domestic rice prices in Bangladesh remained high despite renewed imports and bumper harvests that increased local stocks, traders said on September 19. Rice prices are still 15–20% higher than a year ago.
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Source : Business Recorder
