Trade and markets
 

Detail

Area
Ecuador
Commodity Group
Rice
Commodity
All
Date
28/10/2016
Policy Category
Production
Policy Instrument
Production support, support prices
Description
Announced that the National Storage Unit (Unidad Nacional de Almacenamiento) would purchase milled rice in addition to paddy, in order to sustain local quotations. The drive would offer USD 34 per 100 pounds (USD 750 per tonne) of Grade 1 rice and USD 33.5 for 100 pounds (USD 739 per tonne) of Grade 2 rice.