Rice prices in top exporter India rebounded this week, boosted by steady demand from Bangladesh which has been actively exploring fresh import deals with its neighbors and is looking to wrap up a major purchase from Myanmar. A Bangladeshi government delegation is in Myanmar to finalize a state-to-state deal. We will import up to 300,000 tonnes of rice from them, depending on the rates and terms and conditions. This comes after Bangladesh finalised a deal to buy 250,000 tonnes of white rice at $453 a tonne from Cambodia, following a comparatively cheaper deal with Vietnam. Bangladesh’s state grains buyer is also issuing a series of tenders as it looks to import 1.5 million tonnes of rice in the year to next June, with the latest tender closing on Sept. 12.