Trade and markets
 

Detail

Area
Republic of Korea
Commodity Group
Rice
Commodity
All
Date
06/10/2016
Policy Category
Stocks
Policy Instrument
Government procurement
Description
Announced that it would purchase all quantities deemed in excess of consumption, in order stabilise domestic prices. The final volumes to be purchased would be determined in November, with these purchases coming in addition to the 390 000 tonne volume announced in September 2016.