Indian rice millers and exporters are upbeat about Bangladesh’s “plan to import 9 lakh tonnes of rice,” anticipating a lift in demand and higher costs for the cereal, stakeholders mentioned on Sunday.
With India accounting for 46 per cent of world rice exports, the nation is predicted to “emerge as the first beneficiary of the transfer for its proximity, availability and aggressive pricing,” they mentioned.
“Of the entire import plan, 4 lakh tonnes will likely be procured instantly by the Bangladesh authorities by means of worldwide tenders, whereas one other 5 lakh tonnes will likely be imported by personal merchants of the neighbouring nation. The choice comes sooner than regular, amid concern of crop loss on account of heavy rain that would influence Bangladesh’s Amon paddy at present being sown,” Ricevilla Meals CEO Suraj Agarwal instructed PTI.
Jai Baba Bakreswar Rice Mill Director Rahul Agarwal mentioned the rice trade within the nation, particularly in Bengal, is well-positioned to learn from the proposed plan by the Bangladesh authorities, and he didn’t foresee any diplomatic hurdle amid India’s curbs on the import of clothes and jute by means of the Petrapole border.
“No less than 30-40 per cent of the personal imports will seemingly be sourced from Bengal mills and merchants. Bengal mills may also take part within the authorities tenders for 4 lakh tonnes. States like Bengal, Jharkhand, Andhra Pradesh, Odisha and Bihar will profit probably the most,” he mentioned.
Common Indian rice varieties reminiscent of ‘Swarna’, ‘Ratna’, ‘Miniket’ and ‘Sona Masoori’ are anticipated to see value features in each West Bengal and southern India amid the anticipated demand surge, he mentioned.
Costs of ‘Swarna Mansoori’ parboiled rice, now at ₹29 per kg (ex-mill), could rise to ₹31-32, whereas ‘Miniket’ selection at present being offered at ₹41-42, might contact ₹45 per kg within the coming weeks, Suraj Agarwal mentioned.
Bangladesh’s early import plan displays “precautionary steps forward of potential floods in the course of the Amon season,” the stakeholders mentioned.
The Bangladesh authorities has already procured 3.76 lakh tonnes of Boro paddy and 9.50 lakh tonnes of rice towards a goal of 14 lakh tonnes, with procurement set to conclude by mid-August, in line with stories.
From August, Bangladesh proposed to develop its food-friendly programme to 55 lakh households, offering 30 kg of rice monthly at Tk 15 per kg throughout August, September, October, November, February and March, the stories prompt.
Exporters consider the event will additional strengthen “India’s place as Bangladesh’s key rice provider whereas firming up costs for low-to-medium rice varieties within the home market.”
Visakhapatnam and Paradip ports are main ones for rice exports.
Revealed on July 20, 2025
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