Area
Indonesia
Commodity Group
Rice
Commodity
All
Date
16/03/2020
Policy Category
Production
Policy Instrument
Government procurement, purchasing prices
Description
Raised government purchase prices by 13.3-13.5 percent to IDR 4 200-4 250 per kg (USD 294-298 per tonne) of wet paddy. For dry paddy these were raised by 13.7-14.1 percent to IDR 5 250-5 300 (USD 368-371 per tonne) and for milled rice to 8 300 per kg (USD 581 per tonne). The revised prices became effective on 19 March 2020.
Notes
Exchange rate as of 15 May 2020.
