Bangladesh to buy 50,000 tonnes of rice -300,000 tonnes of rice in the current fiscal year
Tuesday, March 9th, 2010
To ensure Food Security ,Bangladesh’s state grains buyer will tender this week to buy 50,000 tonnes of parboiled rice to replenish food reserves, a food official said on Tuesday.
Bangladesh, the world’s fourth biggest rice producer, plans to import 300,000 tonnes of rice in the current fiscal year to the end of June.
“We are going to issue an international tender soon to buy 50,000 tonnes of rice to shore up our stocks,” said an official of the Directorate General of Food who declined to be quoted because he is not authorised to speak to the media.
Market sources said it could be part of a government move to build food reserves after failing to procure enough rice locally. Rice prices have risen over the past few months despite good crops and healthy levels of stocks.
Bangladesh is buying 25,000 tonnes of white rice at $395 per tonne from the Singapore-based Indo-Sino Trade Pte Ltd in an international tender.
Indo-Sino also made the lowest offer at $388.92 a tonne in another Bangladesh tender to buy white rice that closed on Sunday. [ID:nSGE62707X]
In January, the government extended a ban on rice exports until June to curb price increases and ensure availability of the staple in the domestic market.
At that time, the government also started open market sales of rice in the capital and adjoining districts to hold down prices.
The south Asian country produces around 30 million tonnes of rice, normally enough to feed its 150 million people, but often requires imports to cope with shortages due to natural calamities such as floods and droughts.
Bangladesh had to import rice worth $800 million in 2008. (Reporting by Ruma Paul)







The government of Japan has donated 27,465 tonnes of wheat to Bangladesh to help stiffen relief infrastructure in a nation vulnerable to natural disasters, the Japanese embassy said on Monday.
At Bangladesh economy the daily essential product is hiking day by day. People now even think to bye those product. Oil, powder milk, rice eveerythings price was highly rated. The urban poor are typically most affected as many rural households grow at least some of their food needs. Higher prices have pushed many more people into poverty, but the increase in the number of poor is only part of the emerging costs of the crisis. The more profound consequence is the impact of rising prices on households who were already poor. For those already struggling to meet their daily food and nutrient needs, the double shock of food and fuel price rises represents a threat to basic survival. The poorest households are reducing the quantity and/or quality of the food, schooling, and basic services that they consume, leading to irreparable damage to the health and education of millions of children. 2010 brings new challenges to the pursuit of food security in Bangladesh
“Make best use of all facilities sponsored by our government. Increase food production to build a food-sufficient Bangladesh so that we do not have to rely on others for food. If we want to save the country, our farmers and agriculture will have to be saved,” Prime Minister Sheikh Hasina said
Vegetable is one of the essential food items for growth and maintenance of health of human beings. In the months of December to March varieties of vegetables are available throughout Bangladesh. But in the rest of the year frequently people confront tremendous shortage of vegetables. Bangladesh is pre-dominantly an agricultural country with rich soil condition and climate. Numerous types of vegetables could also be grown over here in April to November. It is matter of regret that after four decades of independence we could not produce enough vegetables for the people.Other hand if we use our potentials we also can earn a huge amont of foreign currency by vegetable exporting .