Indian rice millers and exporters are cheerful about the “Plan of Bangladesh to import 9 lakh ton rice”, anticipating a boost in question and better prices for the grains, stakeholders said Sunday.
With India that accounts for 46 percent of the worldwide export of rice, the country is expected to “rise as the primary beneficiary of the move for its proximity, availability and competitive prices,” they said.
“Of the total input plan, 4 Lakh Ton will be obtained directly by the Government of Bangladesh through international tenders, while another 5 Lakh Ton will be imported by private traders of the neighboring country. The decision comes earlier than normal, in the midst of fear of the loss of crops that could affect heavy rain.
Jai Baba Bakreswar Rice Mill Director Rahul Agarwal said that the rice industry in the country, especially in Bengal, is well positioned to take advantage of the proposed plan by the authorities of Bangladesh, and he did not provide any diplomatic obstacles in the border of the pettful of clothing and JUTE.
“At least 30-40 percent of private imports are likely to come from Bengali mills and traders. Bengalse Mills will also participate in the government substances for 4 Lakh Ton. States such as Bengal, Jharkhand, Andhra Pradesh, Odisha and Bihar will benefit the most,” he said.
Popular Indian rice varieties such as ‘Swarna’, ‘Ratna’, ‘Miniket’ and ‘Sona Masoori’ are expected to see price profits in both West Bengal and South India in the middle of the expected flow of demand, he said.
Prices of ‘Swarna Mansoori’ Pareboed rice, now at £ 29 per kg (ex-Mill), can rise to £ 31-32, while ‘MiniThet’ variety that is currently being sold at £ 41-42, £ 45 per kg in the coming weeks, Suraj Agarwal said.
The early import plan of Bangladesh reflects “precautions for possible floods during the Amon season,” said the stakeholders.
The Government of Bangladesh has already bought 3.76 Lakh Ton Boro Paddy and 9.50 Lakh Ton Rice at a target of 14 Lakh Ton, with purchasing to conclude in mid -August, according to reports.
From August, Bangladesh proposed to expand his food-friendly program to 55 Lakh families, which offer 30 kg rice per month at TK 15 per kg in August, September, October, November, February and March, suggested the reports.
Exportors believe that the development will further strengthen the “position of India as the most important rice supplier of Bangladesh, while prices for low to medium rice varieties are being put on the domestic market”.
Visakhapatnam and Paradiphavens are important for rice export.
Published on July 20, 2025
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