Trade and markets
 

Detail

Area
Venezuela
Commodity Group
Rice
Commodity
All
Date
20/11/2017
Policy Category
Production
Policy Instrument
Support prices, price controls
Description
Set producer prices for wet paddy at VEF 4 000 per kg. The move follows September discussions between sector representatives and Government entities, under the Law on Sovereign Supply and Agreed Prices (Plan 50) initiative that sets forth a new system to determine the prices of 50 necessities.