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Paddy trading at the Ashuganj market in Bangladesh fell 60% because of a supply crunch and higher prices, with paddy prices up Tk100 per maund. Traders expect the shortage to last until the Aman harvest begins, around mid-November.
Tight local paddy supply in Bangladesh supports rice prices there and may cause mill closures, but its direct effect on global export prices is limited.
publisher.tbsnews.netAzizul ShonchayOct 15, 2022Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
