Trade and markets
 

Detail

Area
Egypt
Commodity Group
Rice
Commodity
All
Date
11/08/2016
Policy Category
Production
Policy Instrument
Government procurement
Description
Announced that it would target to absorb 2.0 million tonnes of domestic paddy, under its 2016 procurement campaign. The drive would offer farmers EGP 2 300–2 400 (USD 259–270) per tonne of paddy sold.
Notes
Exchange rate as of 1 October 2016.