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Tea prices fall for 6th week on ample supply

Tea prices in Bangladesh fell for a sixth straight week at the weekly auction on Tuesday as increased volumes, the highest of the season so far, put a lid on prices. Bangladeshi tea fetched an average 187.25 taka ($2.5) per kg at the 16th auction of the current marketing season, down from 190.29 taka at the previous week’s sale, an executive with National Brokers said. tea cupThe latest offering was the largest of the season so far, capping prices and sales, the executive said. About 2.1 million kg were offered at the sole auction centr...

BD, India resort to onion imports as supply dips

Onion prices in Bangladesh have nearly doubled in the past month due to a shortage in top supplier India, forcing the neighbours to turn to imports from countries such as Egypt, Iran, Afghanistan and Pakistan. The Trading Corporation of Bangladesh said on Wednesday it had sought 450 tonnes and could buy more. Also, India will examine bids on Thursday for a tender to import 10,000 tonnes of [caption id="attachment_19265" align="alignright" width="644"]A vendor weighs potatoes for a customer (not pictured) in his shop at a vegetable market in Kolkata, India, August 12, 2015. REUTER... </div><!-- .entry-content --> </article><!-- #post-## --> <div class=

Tea prices slip amid ample supply

Tea prices in Bangladesh fell for a second straight session at the weekly auction on Tuesday as the volumes offered were the highest for the season so far, but strong demand for quality leaf capped the slide and sales rose. Bangladeshi tea fetched an average 198.80 taka ($2.5) per kg at the auction, the twelfth of the new marketing season, compared with 198.97 taka at the previous sale on July 14, an executive with National Brokers said. teaThere was strong demand for quality tea that limited the fall and sales also rose, although the latest offering was the l...

India to export cotton fabrics to Bangladesh

The Cotton Textiles Exports Promotion Council (TEXPROCIL) has welcomed the inclusion of exports of cotton fabrics – both woven and knitted - to Bangladesh and Sri Lanka under the Merchandise Exports from India Scheme (MEIS) vide Public Notice No. 27 dated July 14, 2015 issued by the Director General of Foreign Trade (DGFT). [caption id="attachment_18353" align="alignright" width="432"]R.K.Dalmia – Chairman – TEXPROCIL R.K.Dalmia – Chairman – TEXPROCIL[/caption] This is a very positive step taken by the Governm...

Tea prices snap 2-week run of gains

Tea prices in Bangladesh edged down at the weekly auction on Tuesday, snapping a two-week run of gains, on higher supplies and tepid demand from local buyers ahead of the Muslim festival, brokers said. Bangladeshi tea fetched an average 198.97 taka ($2.5) per kg at the auction, the 11th of the new marketing season, compared with 199.33 taka at the previous sale, an executive with National Brokers said. tea“There was less demand from local buyers ahead of the Eid holidays,” he said referring to the Eid al-Fitr celebrations, due on Saturday on sightin...

Medical Device Market: Bangladesh 2015

Bangladesh remains one of the poorest countries in the world. Poverty is widespread throughout and GDP is extremely low, despite it being the eighth most populous country on earth. Frequent large scale flooding also remains a constant threat. Government funding is low and the country continues to rely on international aid. An unstable political environment tarnished by corruption has made healthcare reform somewhat of an afterthought. medical marketThere is a marked disparity in the standard of healthcare between rural and urban areas. ...
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