Trade and markets
 

Detail

Area
Malaysia
Commodity Group
Rice
Commodity
All
Date
01/01/2014
Policy Category
Production
Policy Instrument
Support prices
Description
Set paddy producer prices at Ringgit 1200 per tonne (USD 366). The measure will be applicable across the country starting with the March launch of 2014 crop harvesting activities and is expected to assist in reducing the number of middlemen in the supply chain and ensuring better profits to farmers.
Notes
Exchange rate as of 15 March 2014.