35 thousand tonnes of rice arrived in Bangladesh from India and Vietnam

18-Mar-2025 03:26 PM

Key Developments:

• Two ships carrying 35,000 tonnes of rice arrived at Chittagong port, Bangladesh yesterday.
• India's Contribution:
  • Ship: MV Tanais Dream
  • 22,500 tonnes of Sela rice delivered from India under an international tender agreement.
• Vietnam’s Contribution:
  • Ship: MV Hong Linh 1
  • 12,500 tonnes of Atap rice delivered under a government-to-government deal.
  • This is Vietnam's second shipment, following 17,800 tonnes delivered earlier.

Bangladesh’s Rice Import Strategy

• The Bangladesh government has been issuing international tenders to secure rice supplies.
• Indian firms dominate tenders due to their competitive pricing on Sela rice.
• Diversification Strategy: Bangladesh is also importing rice from Vietnam and Pakistan to ensure stable supply.

Market Outlook

• Indian Sela rice remains the most preferred choice for Bangladesh due to price and availability.
• Vietnam's participation is increasing, indicating a diversified supply approach.
• Future tenders expected, with India likely to remain a key supplier.