Area
Bangladesh
Commodity Group
Rice
Commodity
All
Date
27/11/2016
Policy Category
Production
Policy Instrument
Government procurement
Description
Announced that it would purchase 300 000 tonnes of rice from the 2016 Aman harvest. The procurement drive will run between 1 December 2016 and 15 March 2017, offering BDT 33 per kilo (USD 426 per tonne) purchased, up 6 percent from prices offered the previous year. Successive decisions raised the procurement target for this crop to 500 000 tonnes of rice.
Notes
Exchange rates as of 1 December 2016.
