(Reuters photo)DHAKA - Bangladesh's state grain buyer has issued its seventh international tender since May to import 50,000 tonnes of parboiled rice in an effort to replenish reserves. "We’ll be issuing tenders and at the same time looking for government deals until our import target is fulfilled," Badrul Hasan, the head of Bangladesh's state grain buyer told Reuters. The state grain buyer aims to import as much as 1.2 million tonnes this year, and has so far struck deals with Vietnam. A Bangladeshi delegation, led by Food Minister Kamrul Islam, will visit Cambodia this week to sign a memorandum to import rice, ministry officials said. Bangladesh bought 200,000 tonnes of Vietnamese white rice at $430 a tonne and 50,000 tonnes of parboiled rice at $470 a tonne in a state-to-state deal -- at rates much higher than in previous tenders.

Source: Bangkok Post August 01, 2017 12:00 UTC