# The prices of rice and wheat are decreasing in the world market, increasing in Bangladesh

> 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.

- Date: 2022-10-31 · published 2022-10-31T12:00:00.000Z
- Category: market · region Bangladesh · magnitude low
- Page: https://feedsoft.ai/events/39206-the-prices-of-rice-and-wheat-are-decreasing-in-the-world-market-increasing-in
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Easing world prices do not reach importers' domestic markets quickly, so buyers face higher local costs while global quotes soften.

## Read by commodity

- RICE: bearish ▼
- WHEAT: neutral

## Sources

- gfmdhaka.com: https://gfmdhaka.com/news/the-prices-of-rice-and-wheat-are-decreasing-in-the-world-market-increasing-in-bangladesh

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.