Trade and markets
 

Detail

Area
Bangladesh
Commodity Group
Rice
Commodity
All
Date
16/08/2016
Policy Category
Production
Policy Instrument
Government procurement
Description
Extended the 2016 Boro procurement target by an additional 250 000 tonnes, to a total of 700 000 tonnes of paddy and 850 000 tonnes of milled rice. Supplies are to be purchased by 30 September 2016, at a price of BDT 23 per kg (USD 288 per tonne) for paddy and BDT 32 per kg (USD 400 per tonne) for rice.
Notes
Exchange rate as of 1 October 2016. The deadline of the 2016 Boro procurement campaign was subsequently extended twice and last set at 31 October 2016.