Bangladesh Rice stocks fall to six-year low.

The government rice stocks in storage have fallen to the lowest in six years due to an insufficient supply from the ongoing procurement programme. The stock of rice stands at 1,91,000 tonnes till June 13 which in 2009 stood at 5,46,000 tonnes in the Fiscal Year 2009-10. The price of rice has already increased over the last two months which traders and millers attribute to the loss of crops in the haor regions in the Northwestern region of Bangladesh. The price of coarse rice in the capital was ranging at between Tk45 and Tk55 a kilogramme, 5%-10% higher compared to that a month ago.