AreaBangladesh

Commodity GroupRice

CommodityAll

Date13/04/2023

Policy CategoryProduction

Policy InstrumentGovernment procurement, purchasing prices

DescriptionAnnounced that it would purchase 400 000 tonnes of paddy and 1.25 million tonnes of parboiled rice from the 2023/24 Boro harvest between 7 May and 31 August 2023. Prices under the purchase drive would be set to BDT 44 per kg of parboiled rice (USD 405 per tonne) and BDT 30 per kg of paddy bought (USD 276 per tonne).

NotesExchange rate as of 15 May 2023.