Markets and trade
 

Detail

Area
China (Mainland)
Commodity Group
Rice
Commodity
All
Date
01/02/2013
Policy Category
Production
Policy Instrument
Support prices
Description
Raised government paddy procurement prices for the 2013 season by 10 percent to Yuan 132 per 50 kg bag (USD 420 per tonne) of early indica rice; by 8 percent to Yuan 135 per 50 kg bag (USD 430 per tonne) of late/intermediate indica rice; and by 7 percent to Yuan 150 per 50 kg bag of japonica rice (USD 478 per tonne).
Notes
Exchange rate as of 1 April 2013