Rates dropped by more than Tk 100 per maund in two weeks as growers blame rising imports even amid peak harvesting
Against the backdrop of rising prices, the government has geared up efforts to buy rice from the international market to replenish stocks and ensure distributions under social safety net schemes to arrest market volatility.
Bangladesh is bracing itself for another less productive rice season as the United States Department of Agriculture predicts decline in acreage and yield of Aman. Aman is the most important rice season in the country after Boro.