Rice price unlikely to drop despite import from Vietnam - News Summed Up

Rice price unlikely to drop despite import from Vietnam


A total of 47,000 tonnes of rice have arrived at the Chittagong port in two consignments in the past week. Amirul Islam, proprietor of Chatkhil Rice Agency at Karwanbazar wholesale market in Dhaka, said there had been no change of rice price this week. As the price of paddy has gone up in local market as well as India’s hike in export price, there is hardly any possibility that the price will drop soon. Azad Mia, Azad Rice Agency, Mohammadpur, hailed the import from Vietnam, but cast doubt on a possible price decrease anytime soon. “However, the imported rice is not available in the markets.


Source: Dhaka Tribune July 17, 2017 19:07 UTC



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