# Asia Rice: Bangladesh May Call off Thai Import Deal Over High Prices

> Bangladesh's food ministry said its planned rice import deal with Thailand could be suspended because Thai offers were too high, after a deal with India also failed on price. The state buyer's fifth tender drew an offer of $419.51 per tonne from Olam, and a sixth tender closes August 8.

- Date: 2017-07-27 · published 2017-07-27T12:00:00.000Z
- Category: trade · region Bangladesh · magnitude low
- Page: https://feedsoft.ai/events/70025-asia-rice-bangladesh-may-call-off-thai-import-deal-over-high-prices
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Importers rejecting high offers and turning to other origins suggests firm Asian rice prices may ease if demand shifts or buying slows, though Bangladesh's ongoing tenders keep demand active.

## Read by commodity

- RICE: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2018-06-10 | [Asia Rice: India prices dip as Bangladesh production recovers \| Daily FT](https://feedsoft.ai/events/64597-asia-rice-india-prices-dip-as-bangladesh-production-recovers-daily-ft.md) | +10.6% | +8.7% |
| RICE | 2018-06-08 | [Vietnam prices surge, India dip as Bangladesh production recovers - VnExpress International](https://feedsoft.ai/events/6746-vietnam-prices-surge-india-dip-as-bangladesh-production-recovers-vnexpress.md) | +9.7% | +8.0% |
| RICE | 2025-07-31 | [Asia rice: Vietnam rates hit near three-month peak on higher demand – infoarroz.org](https://feedsoft.ai/events/23834-asia-rice-vietnam-rates-hit-near-three-month-peak-on-higher-demand-infoarroz-org.md) | +1.3% | -6.7% |
| RICE | 2021-07-22 | [A sharp rise in Vietnamese rice price causing backlash among Mozambican importers](https://feedsoft.ai/events/46155-a-sharp-rise-in-vietnamese-rice-price-causing-backlash-among-mozambican.md) | +2.6% | -0.2% |
| RICE | 2025-05-02 | [Asia rice: Strong rupee lifts Indian prices despite tepid demand - AgriInsite](https://feedsoft.ai/events/24745-asia-rice-strong-rupee-lifts-indian-prices-despite-tepid-demand-agriinsite.md) | -2.6% | +5.4% |

## Sources

- jakartaglobe.id: https://jakartaglobe.id/news/asia-rice-bangladesh-may-call-off-thai-import-deal-high-prices

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