Area
Myanmar
Commodity Group
Rice
Commodity
All
Date
12/10/2020
Policy Category
Production
Policy Instrument
Government procurement, purchasing prices
Description
Announced plans to allocate MMK 20 billion (USD 15.2 million) to purchase paddy and rice harvested during the 2020 monsoon crop cycle. Purchases would be conducted through the Agricultural Products Management Committee and in line with the floor price of MMK 520 000 per 100 baskets (USD 189 per tonne) established for the season.
