Bad news for wheat market as Russia pulls out of grain deal thedailystar.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thedailystar.net Daily Mail and Mail on Sunday newspapers.
Bangladeshi consumers are paying the highest ever prices to buy wheat flour as supply and private stocks of the grain slumped in the domestic market in the wake of a dip in imports since the beginning of the Russia-Ukraine war.
Essential commodities price hike: Whenever the price of a commodity increases in the local market, the traders and wholesalers have the readymade excuse of a price hike in the international market. But a recent study by an intelligence agency found their justification to be unsubstantiated.
Lighter vessel owners yesterday announced a 15 to 22 per cent increase in fares for transporting imported goods on different inland water routes due to the recent hike in fuel prices.
Wheat price cool off: The price of wheat in Bangladesh may come down as its export from Ukraine has resumed following an agreement with Russia. Prior to the Russia-Ukraine war, 40 per cent of Bangladesh's wheat import was made from the two countries.