Trade and markets
 

Detail

Area
Republic of Korea
Commodity Group
Rice
Commodity
All
Date
14/10/2014
Policy Category
Stocks
Policy Instrument
Government procurement
Description
Announced that it intended to purchase surplus produce, estimated at 180 000 tonnes, to stabilize the local market. The volume would be in addition to purchases planned under the Public Rice Stockholding Program and to service commitments to the ASEAN Plus Three Emergency Rice Reserve (APTERR).