Bangladesh to scrap planned rice imports from Thailand.

Bangladesh will scrap a plan to import 150,000 tonnes of rice from Thailand, agreed at $465 a tonne in October. They have been taking too much time to finalise the deal. There is no point to wait for them when we are getting supplies from other sources, including India, at cheaper rates. Bangladesh emerged as a major importer of the grain in 2017 after floods damaged crops and sent domestic prices to record highs.