Trade and markets
 

Detail

Area
Republic of Korea
Commodity Group
Rice
Commodity
All
Date
20/09/2018
Policy Category
Production
Policy Instrument
Government procurement
Description
Announced that the Government would purchase 340 000 tonnes of rice from the 2018 harvest between 25 September and 31 December 2018, in order to refurbish stockpiles and stabilize local prices. An additional 10 000 tonnes would be purchased as the country's contribution to the ASEAN Plus Three Emergency Rice Reserve (APTERR).