Commodities
Bangladesh lags behind peers in digital adoption for business
Less than half of the companies in Bangladesh use computers, according to a World Bank’s survey that revealed the country’s weak position in digital adoption for business compared to peer economies and neighboring nations.
Govt raises bottled soybean oil price to Tk 167 a litre
But cuts loose soybean oil price by Tk 2 a litre
Bangladesh to introduce drone technology to assess crop losses
20 DAE officers will get training on how to use the tech
Import of another 124,000 tonnes of rice given go-ahead
Some 91,000 tonnes will be parboiled rice and 33,000 tonnes sunned rice
Refiners want Tk 10 hike in edible oil price
They want to sell soybean oil at Tk 173, loose palm oil Tk 132 and five-litre cans at Tk 845
Turning camels into cows
Megafarms are being set up to produce camel milk on industrial scales
TCB to sell Indian onions at Tk 40/kg from tomorrow
The Trading Corporation of Bangladesh (TCB) will start selling Indian onion at Tk 40 per kilogramme (kg) in Dhaka, Gazipur and Chattogram cities from tomorrow.
Handlooms fall silent as weavers see profits shrink
Persistent problems, such as the price hike of raw materials and reduced demand, are forcing many weavers in Tangail to leave their profession, with the number of handlooms and artisans rapidly decreasing and many fearing the 200-year-old tradition is nearing a point of no return.
How chilli became the first cash crop in char areas
Even 15-20 years ago, the grazing areas in the Brahmaputra basin did not produce any cash crops that producers could talk about proudly.
Cut import duties on essential commodities: FBCCI
Build a database of the essentials to ensure smooth supply, it says
Soybean oil consumption falls as consumers switch to mustard, palm oils
Consumption of soybean oil in Bangladesh has declined as a section of consumers have switched to the relatively cheaper mustard and palm oils, according to a report by the US Department of Agriculture (USDA) last week.
Feed prices to remain high in 2024: USDA
The high prices of feed for poultry, aquaculture and cattle will continue to affect farmers in 2024, said a US Department of Agriculture (USDA) report released last Tuesday.
India extends ban on onion exports indefinitely ahead of general election
India has extended its ban on onion exports indefinitely - a surprise move that comes ahead of a general election and is set to exacerbate high prices in some overseas markets.
CSE gets commodity exchange licence
State Minister for Commerce Ahsanul Islam Titu recommended the Chittagong Stock Exchange include products such as potatoes, soybean oil, palm oil, and raw sugar in the commodity exchange when it is launched.
Govt to buy 8,000 tonnes of lentil, 10,000 tonnes of sugar
The commodities will be purchased for the Trading Corporation of Bangladesh
India’s biggest wholesale market in Nashik demands withdrawal of onion export ban
The Agricultural Produce Market Committee (APMC) in India’s Lasalgaon made the demand
Commodity market monitoring to continue: Titu
There is ample supply of basic goods, the state minister for commerce says
Shop owners lambast ‘meaningless’ price fixing of 29 commodities
They demand cancellation of the prices fixed by the Department of Agricultural Marketing on March 15
