Browse Data and Analysis

Post lowers the forecast for marketing year (MY) 2023/24 raw cotton imports to 7.5 million bales on lower work orders for garments coupled with Bangladesh’s economic challenges including declining foreign exchange reserves. The export value of ready...

No significant changes are made to the cotton supply and demand outlook. The 2023/24 cotton production forecast is unchanged at 6.5 million bales, total use is 10 million bales, and the import forecast remains 4.2 million bales.

On October 18, 2023, the Ministry of Commerce and Industry and the Directorate General of Foreign Trade (DGFT) amended the export restriction on sugar beyond October 31, 2023, to an indefinite period. The export of sugar under the CXL concession...

On October 18, 2023, the Cabinet Committee on Economic Affairs (CCEA) approved an increase in in the minimum support price (MSP) for Rabi oilseed crops for marketing year 2024-25 ahead of the parliamentary election in 2024.

The Democratic Socialist Republic of Sri Lanka’s (Sri Lanka) Ministry of Finance, Economic Stabilization and National Policies recently introduced a Special Commodity Levy for three agricultural commodities: maize (corn), black gram, and green gram, effective August 18, 2023, for a period of six-months.

On October 17, 2023, the Ministry of Health and Family Welfare/Food Safety and Standards Authority of India (FSSAI) notified Direction STD/SP-08/A1.2022/N-01-Part (1).

On October 16, 2023, the Ministry of Health and Family Welfare/Food Safety and Standards Authority of India (FSSAI) published the advisory TIC-C10201/2/2022-IMPORTS-FSSAI.

This is a periodic report outlining the prices of agricultural commodities in Bangladesh, as well as major trade and policy updates.