Wheat import rebounds to two-year high
Bangladesh’s wheat imports recovered and hit a two-year high in the first seven months of the fiscal year as prices of the grain cooled and demand from local industries soared.
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Bangladesh’s wheat imports recovered and hit a two-year high in the first seven months of the fiscal year as prices of the grain cooled and demand from local industries soared.
CHATTOGRAM, Dec 25, 2023 (BSS) - Information and Broadcasting Minister and Awami League Joint General Secretary Dr Hasan Mahmud today
Wheat saw prices per kilogramme (kg) increase by 9.20 percent to 14.29 percent
Wheat imports grew four times in the first quarter of this fiscal year as businesses showed an interest in tapping into reduced international prices of the second most-consumed grain in Bangladesh.
Wheat importers of Bangladesh are exploring alternative sources to ensure uninterrupted domestic supplies after Russia pulled out of a UN-brokered Black Sea grain deal that assured safe transport of Ukrainian wheat.