Trade and markets
 

Detail

Area
Vietnam
Commodity Group
Rice
Commodity
All
Date
01/03/2012
Policy Category
Production
Policy Instrument
Government procurement, support prices
Description
Announced that member companies of the Vietnam Food Association will purchase 1.0 million tonnes paddy, starting 15 March at US$250 per tonne (VND 5 000 per kilo). Credit at preferential rates will be extended to purchasing companies, who were requested to keep supplies in stock for three months.