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Bangladesh domestic rice and wheat prices are rising even though world prices have started to fall, according to a report. FAO data showed grain prices down 3% between August and September, and the government agreed to buy 500,000 tonnes of Russian wheat at $430 per tonne.
Easing world prices do not reach importers' domestic markets quickly, so buyers face higher local costs while global quotes soften.
gfmdhaka.comGrain Feed, Milling NewsOct 31, 2022Not enough comparable past events yet for a historical read.
Not 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.
