Imported rice starts entering Bangladesh

Putting aside a rift over the Roaring refugee crisis, Bangladesh is continuing to import rice from Myanmar months after the country hard. Bangladesh, traditionally a major producer which has emerged as a big importer of the grain after repeated flooding laid waste to crops last year, allowed private traders to bring in one seven million tonnes of rice.Most of the rice will be imported from India due to proximity, but Indian prices could go up due to demand from Bangladesh,a Dhaka based trader said.Freight rate is also minimal compared to Thailand or Vietnam. Besides, traders can import rice via road route as well, the trader said. Imported rice has already started entering Bangladesh through land ports.

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