Trade and markets
 

Detail

Area
Senegal
Commodity Group
Rice
Commodity
All
Date
22/08/2016
Policy Category
Production
Policy Instrument
Production support
Description
Oversaw the signing of a memorandum of understanding between sector representatives under which importers committed to purchase 50 000 tonnes of rice from the 2016 season harvest and 1 500 tonnes currently stored by millers. Under the accord, importers would pay XOF 240 000–245 000 (USD 405–414) per tonne of 100% broken rice and XOF 275 000–280 000 (USD 465–473) per tonne of whole-grains.
Notes
Exchange rate as of 1 October 2016.