News on Potato Trade from Bangladesh

With domestic production down by 1.2 million tons, potato imports have become crucial as political unrest, a government change, and severe flooding further strain the situation.

High input cost and unfavorable weather hit potato output in Bangladesh, with late blight causing added damage.

After Cyclone Michaung, heavy rains caused crop damage, leading to a decrease in supply and subsequent price spikes. Potato prices may remain high until the affected areas recover their potato production capacity.

With national elections scheduled for January 7, 2024, the Bangladesh government has implemented measures to address the alarming surge in potato prices.

Bangladesh Commerce Ministry, in a report, says high prices are the result of price manipulation by a syndicate of cold-storage owners.

Frequent power outages in Bangladesh are driving up the costs of potato storage, ultimately burdening people already struggling with escalating prices of essential food items.

State-run Bangladesh Agricultural Development Corporation and private entity National Group Russia for Potato Export are expected to sign a memorandum of understanding today over the export of potato from Bangladesh to Russia.

Potatoes produced by contract growers of the Bangladesh Agricultural Corporation (BADC) are now being exported to Malaysia.

This year, the potato harvest in Bangladesh was about 150% of what the domestic need is. As a result prices have crashed and despite the high yields, farmers suffer as the can not sell their product.

Commerce Minister of Bangladesh, Tipu Munshi on Saturday said Bangladesh has a surplus production of potato after meeting domestic demand. Bangladesh intends to export the surplus.

Ahiyan Impex Ltd. is a Bangladeshi exporter and importer of agricultural products which ships potatoes to various international destinations, including Malaysia, Sri Lanka, Dubai or Bahrain, and with interest to expand in Russia, despite some initial phytosanitary issues.

Potato Farmers in Rangpur, Bangladesh are happy after harvesting an all-time record amount of potatoes while getting a lucrative market price in the Rangpur agriculture zone.

Bangladesh potato export in the first two quarters until June 2013 fell by 33 per cent compared to the same period of the previous year.

Cheaper supplies from China have made Bangladesh's potato less attractive to international buyers, exporters said.

A surge in potato prices has come as a sigh of relief to many farmers who incurred losses as massive production in the past two years has driven down prices. Prices of potato climbed 41 percent to Tk 18-Tk 20 a kilogram in the city yesterday from Tk 1...