Bangladesh’s state grains buyer reissued two tenders on Monday to import a total of 100,000 tonnes of wheat as the country’s extensive import programme continues. The closing date for both the tenders is April 8 and shipment expected within 40 days after contract signing, a senior official of the state grains buyer said. The tenders were earlier cancelled as bidders failed to comply with terms and conditions. The state grains buyer plans to ship in 900,000 tonnes of wheat in the year to June 2015.

Source: Reuters

Tea prices in Bangladesh fell sharply for a second straight week at the weekly auction on Wednesday on subdued demand from local buyers despite a drop in supplies amid political unrest. Bangladesh has been racked by political unrest since anti-government protests turned violent early this year over a disputed election a year ago. More than 120 people have been killed and hundreds injured, most in petrol bomb attacks on vehicles, amid opposition transport blockades and strikes aimed at toppling the government. Overall, prices fell sharply again this...

IN The prices of long-term government bonds have been running very high in recent years (that is, their yields have been very low). In the United States, the 30-year Treasury bond yield reached a record low (since the Federal Reserve series began in 1972) of 2.25% on January 30. The yield on the United Kingdom’s 30-year government bond fell to 2.04% on the same day. The Japanese 20-year government bond yielded just 0.87% on January 20. All of these yields have since moved slightly higher, but they remain exceptionally low. It seems ...

Tea prices in Bangladesh fell sharply at the weekly auction on Tuesday on tepid demand from local buyers despite a drop in supplies amid political turmoil. Bangladesh has been racked by political unrest since anti-government protests turned violent in January over a disputed election a year ago. More than 100 people have been killed and hundreds injured, most in petrol bomb attacks on vehicles, amid opposition transport blockades and strikes aimed at toppling the government. Overall, prices fell sharply even though supplies were much ...