Bangladesh scraps Thailand rice deal.

Bangladesh scrapped a plan to import Thai rice, citing delays in finalising a deal, as rice prices in India and Thailand fell this week, pressured by sluggish overseas demand. Bangladesh, which has emerged as a major importer of rice since 2017 after floods damaged its crops, scrapped a plan to import 150,000 tonnes of rice from Thailand, agreed at $465 a tonne in October. We had to cancel it as they were taking too long to finalise the deal. We’re getting supplies from neighbouring India. At the same time, we are getting good response in our local procurement drive.