CONNECT WITH US
Web3 & Blockchain

Web3 & Blockchain

Black Sea disruptions push Bangladesh back towards Indian wheat supplies

Business Standard – EV logo

Published on

Add as a preferred source on Google
Black Sea disruptions push Bangladesh back towards Indian wheat supplies

Home / Economy / News / Black Sea disruptions push Bangladesh back towards Indian wheat supplies

Importers have booked more than 200,000 tonnes of Indian wheat since Dhaka lifted restrictions in August, as disruptions to Black Sea trade push buyers to seek alternative supplies

Most Indian supplies to Bangladesh will move by rail, with delivered prices ranging from $305 to $326 a tonne | Image Credit: Bloomberg

Bloomberg 3 min read Last Updated : Sep 24 2026 | 10:22 AM IST

Bangladesh has resumed wheat purchases from its western neighbor, after India’s plentiful supply encouraged it to lift an export ban at a time when Black Sea trade disruptions have sent global prices soaring.

Importers have booked more than 200,000 tonnes of Indian wheat after the restrictions were revoked in late August, according to people familiar with the matter — the first significant wheat sales since 2022.

The war between Russia and Ukraine has redrawn the global grain trade, as repeated strikes on ports and terminals curtail shipments from one of the world’s top exporting regions. The upheaval has forced buyers across Asia, Africa and Europe to seek alternative supplies, and continues to threaten food security for some cash-strapped importers.

Pressure has been particularly acute for Bangladesh, which needs to import more than 7 million tonnes of wheat annually. Before exports were banned in May 2022, India accounted for nearly 70 per cent of the country’s purchases, thanks to short transit times and low freight costs. Bangladesh subsequently turned to supplies from Argentina, Canada, Russia and Ukraine, with 40 per cent of imports coming from the Black Sea region.


Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.