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On May 17, 2023 the Bangladesh Ministry of Agriculture published a special regulatory order amending the Plant Quarantine Rules 2018, thereby allowing the importation of U.S. cotton into Bangladesh without fumigation on-arrival.
Post forecasts MY2023/24 palm oil production up by 20 percent over the current marketing year’s estimate. Total domestic consumption is forecast marginally up, imports are expected to drop by 14 percent due to increased domestic production, but exports are forecast significantly up compared to the current marketing year’s estimate.
Ghana’s economic growth was significantly impacted by the COVID-19 pandemic and the war in Ukraine. Following the pandemic-induced slowdown, economic recovery was expected to grow in 2022 to 5.5 percent.
This is a biweekly report outlining the prices of agricultural commodities in Bangladesh, as well as major trade and policy updates.