Trade and markets
 

Detail

Area
Thailand
Commodity Group
Rice
Commodity
All
Date
01/07/2013
Policy Category
Production
Policy Instrument
Government procurement
Description
Revoked the 20 percent price cut on paddy pledging prices, which had been approved twelve days earlier. Mortgaging prices will remain set at Baht 13 800 -15 000 (USD 444-482) per tonne for the remainder of the 2012/13 secondary-crop run of the program, scheduled to end on 15 September 2013. Pledging volumes will, however, still be subject to a value ceiling of Baht 500 000 (USD 16 100) per farming household.
Notes
Exchange rate as of 1 July 2013