Trade and markets
 

Detail

Area
Bangladesh
Commodity Group
Rice
Commodity
All
Date
01/03/2013
Policy Category
Production
Policy Instrument
Government procurement, purchasing prices
Description
Announced that government will buy 900 000 tonnes of rice and 150 000 tonnes of paddy from the 2012-2013 Boro harvest, between May and September 2013. Volumes are to be purchased at Taka 29 per kg (USD 365 per tonne) of rice and Taka 18.5 per kg of paddy (USD 233 per tonne).
Notes
Exchange rate as of 1 April 2013