Trade and markets
 

Detail

Area
Indonesia
Commodity Group
Rice
Commodity
All
Date
01/02/2012
Policy Category
Production
Policy Instrument
Government procurement, purchasing prices
Description
Raised government purchasing price by 25 percent to US$363–-369 per tonne (rupiah 3 300-–3 350 per kilo) of wet paddy, by 26 percent to US$457–-462 per tonne (rupiah 4 150-–4 200 per kilo) of dry paddy, and by 30 percent to US$726 per tonne (rupiah 6 600 per kilo) of rice.