AreaSri Lanka

Commodity GroupRice

CommodityAll

Date05/07/2021

Policy CategoryProduction

Policy InstrumentGovernment procurement, purchasing prices

DescriptionApproved the 2021 Yala procurement programme, keeping purchase prices for Nadu paddy at LKR 50 per kg (USD 247 per tonne) and at LKR 52 per kg (USD 256 per tonne) for Samba paddy. For Keeri Samba, purchase prices were set at LKR 55 per kg (USD 271 per tonne). An additional LKR 1.5 per kg (USD 7 per tonne) would be paid on top of these prices to purchase, process and transport quality paddy or to groups purchasing, processing and transporting paddy from farmers in remote areas. On the other hand, if supplies with 14–22 percent moisture content were purchased through paddy mill owners and farmers’ organization with drying facilities, purchase prices would be subject to an LKR 8 per kg (USD 39 per tonne) reduction, while outlays of LKR 2 and LKR 4 per kg (USD 10–20 per tonne) would be paid to cover transport and drying costs, respectively.

NotesExchange rate as of 15 October 2021.