The Government of Bangladesh to import 950 000 tonnes of wheat

02/09/2015,

The Government of Bangladesh has announced that it will import 950 000 tonnes of wheat during 2015/16 marketing year (July/June), about three times more than the reduced level of 324 000 tonnes imported during 2014/15.The Government mainly imports wheat to meet the requirements of its Open Market Sale program, which distributes wheat at below the prevailing market price to vulnerable people. In addition to the Government, private traders import on average 2.7 million tonnes of wheat yearly. Total domestic utilization averages 4 million tonnes annually, of which around 1.3 million tonnes is produced domestically.

Country: Bangladesh