DHAKA/HAMBURG: The lowest price offered in the tender from Bangladesh’s state grains buyer to buy 50,000 metric tons of rice that closed on Monday was assessed at $477.00 a tonne CIF liner out for rice sourced from India, an official in Bangladesh and European traders said.
Offers are still being considered and no purchase has yet been made, they said. The lowest offer was believed to have been submitted by Pattabhi Agro Foods, they said.
The tender seeks price offers for non-basmati parboiled rice in CIF liner out terms, including ship unloading costs, for shipment to the ports of Chattogram and Mongla. These other companies also participated in the tender, with their offers per ton liner out and expected origin in brackets: Bagadiya Brothers $477.77 (India), SAEL Agri Commodities $494.45 (India), Agrocorp $490.56 (India), Halder Venture $499.77 (optional India, Myanmar, Thailand, Vietnam), and Aditya Birla Global Trading $479.50 (India). Floods in Bangladesh have destroyed an estimated 1.1 million tons of rice, prompting the country to ramp up imports of the staple grain amid soaring food prices.
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