UNB, Benapole

India in a surprised move has raised export price of rice to Bangladesh to US$ 500 per ton, equivalent to Tk 35kg, rendering the import from the neighbouring country uncertain.
Foreign Trade (Development & Regulation) of Indian Commerce Ministry in a notification that came into force on Sunday said no rice can be exported to Bangladesh at price less than US$ 500 per ton.
Customs officials at the Benapole land port told UNB that India jacked up the rice export price for the third time during this year - first in February to 315 dollars, the second in October to 425 dollars and now to 500 dollars per ton. [Read more]