Bangladesh cancels rice deal with Cambodia over shipment delay

Reuters . Dhaka | Update:

Bangladesh has cancelled its first-ever deal with Cambodia to import 250,000 tonnes of white rice over a delay in shipments, officials at the state grains buyer said on Tuesday.
The deal was signed in August at $453.00 a tonne in an effort to shore up depleted reserves and combat record high prices of the staple grain in domestic markets.
Traditionally the world’s fourth-biggest rice producer, Bangladesh has emerged as a major importer of the grain this year after floods damaged its crops and helped pushed Asian rice prices to multi-year highs in June.

e="Prothom-Alo">
-->
   
Editor & publisher: Matiur Rahman.
CA Bhaban, 100 Kazi Nazrul Islam avenue, Karwan Bazar, Dhaka 1215
Phone: 8180078-81, Fax: 9130496, E-mail: info@prothom-alo.info
 
UP