AreaSri Lanka

Commodity GroupRice

CommodityAll

Date28/05/2020

Policy CategoryConsumption and marketing

Policy InstrumentPrice controls

DescriptionAdjusted the maximum retail prices (MRPs) on rice set on 10 April 2020, with immediate effect. In the case of Keeri Samba, these were lowered by 4.0 percent to LKR 120 (USD 0.65) per kg, while for steamed and raw Samba (white/red, excepting Suduru Samba) MRPs were raised by 8.9 percent to LKR 98 (USD 0.53) per kg. For steamed Nadu rice (white/red, excepting Mottaikarupan and Attakari) and for white/red raw rice, ceilings of LKR 96 and 93 (USD 0.52 and 0.5) per kg were set, up 6.7 and 9.4 percent from April levels, respectively.

NotesExchange rate as of 15 October 2020.