AreaBangladesh

Commodity GroupRice

CommodityAll

Date01/03/2013

Policy CategoryProduction

Policy InstrumentGovernment procurement, purchasing prices

DescriptionAnnounced that government will buy 900 000 tonnes of rice and 150 000 tonnes of paddy from the 2012-2013 Boro harvest, between May and September 2013. Volumes are to be purchased at Taka 29 per kg (USD 365 per tonne) of rice and Taka 18.5 per kg of paddy (USD 233 per tonne).

NotesExchange rate as of 1 April 2013