Area
Lao People's Democratic Republic
Commodity Group
Rice
Commodity
All
Date
01/09/2012
Policy Category
Production
Policy Instrument
Support prices
Description
Announced the institution of minimum prices for glutinous paddy. During the 2012/2013 season, farmers are to receive between USD 300-360 per tonne (kip 2 500- 3 000 per kilo) of glutinous paddy sold to public and private entities, a level that can be negotiated down, should the quality of produce be deemed inferior.
