Area
Indonesia
Commodity Group
Rice
Commodity
All
Date
09/09/2016
Policy Category
Consumption and marketing
Policy Instrument
Consumer prices
Description
Established reference prices for seven commodities to guide the state's market intervention schemes and stabilize prices. In the case of milled rice, the producer price floor was set at IDR 7 300 (USD 561 per tonne), while a ceiling of IDR 9 500 (USD 0.7 per kilo) would apply for consumer prices. The reference prices will be valid for four months.
Notes
Exchange rate as of 1 October 2016.
