Trade and markets
 

Detail

Area
Indonesia
Commodity Group
Rice
Commodity
All
Date
17/03/2015
Policy Category
Production
Policy Instrument
Government procurement, purchasing prices
Description
Raised government purchasing prices by 12 percent to Rupiah 3 700 -3 750 per kilo (USD 296-300 per tonne) per kilo of wet paddy, while in the case of dry paddy and rice they were raised by 11 percent each, to Rupiah 4 600 - 4 650 (USD 368-372 per tonne) and 7 300 per kilo (USD 584 per tonne), respectively.
Notes
Exchange rate as of 1 April 2015