A Bangladesh tender to import 25,000 MT of white rice was closed on Wednesday without attracting any response from traders due to high market prices.

Traders said they had ignored the tender due to the high price of white rice in the international market, which is currently over $430 PMT on Tuesday.

Bangladeshi Government and private sector importers have imported nearly 3 million MT of rice and wheat so far in the current fiscal year (July-June).