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Commodity & Trade Updates
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Kuwait Flour Mills & Bakeries Company expands its product portfolio across nationwide outlets
KFMB has been granted permission to utilise designated areas for the manufacturing and storage of industrial products related to its operations.
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Bangladesh plans to purchase 25 aircraft from U.S. to strengthen trade ties under wheat import deal
Bangladesh currently imports around 7 million tonnes of wheat annually, mainly from the Black Sea region.
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Iraq’s wheat production declines amid harsh summer drought
The United Nations ranks Iraq as the fifth most vulnerable country to climate change.
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Bangladesh faces increase in rice prices amid surplus supply: TCB
This inflationary trend comes despite a bumper Boro crop, the largest in Bangladesh’s history.
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China injects US$250M to grow soybean, corn in Angola as it cuts US import dependence
60% of production is expected to be exported to China, with the remaining portion earmarked for local consumption.