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 stated on Sunday.
With India accounting for 46 per cent of worldwide rice exports, the nation is predicted to “emerge as the first beneficiary of the transfer for its proximity, availability and aggressive pricing,” they stated.
“Of the full import plan, 4 lakh tonnes might be procured immediately by the Bangladesh authorities by worldwide tenders, whereas one other 5 lakh tonnes might be imported by personal merchants of the neighbouring nation. The choice comes sooner than typical, amid worry of crop loss as a consequence of heavy rain that might influence Bangladesh’s Amon paddy presently being sown,” Ricevilla Meals CEO Suraj Agarwal informed PTI.
Jai Baba Bakreswar Rice Mill Director Rahul Agarwal stated the rice business 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 the Petrapole border.
“Not less than 30-40 per cent of the personal imports will possible be sourced from Bengal mills and merchants. Bengal mills can even take part within the authorities tenders for 4 lakh tonnes. States like Bengal, Jharkhand, Andhra Pradesh, Odisha and Bihar will profit essentially the most,” he stated.
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 stated.
Costs of ‘Swarna Mansoori’ parboiled rice, now at ₹29 per kg (ex-mill), might rise to ₹31-32, whereas ‘Miniket’ selection presently being bought at ₹41-42, may contact ₹45 per kg within the coming weeks, Suraj Agarwal stated.
Bangladesh’s early import plan displays “precautionary steps forward of attainable floods throughout the Amon season,” the stakeholders stated.
The Bangladesh authorities has already procured 3.76 lakh tonnes of Boro paddy and 9.50 lakh tonnes of rice in opposition to a goal of 14 lakh tonnes, with procurement set to conclude by mid-August, based on stories.
From August, Bangladesh proposed to broaden its food-friendly programme to 55 lakh households, offering 30 kg of rice per thirty days at Tk 15 per kg throughout August, September, October, November, February and March, the stories recommended.
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