AreaRepublic of Korea

Commodity GroupRice

CommodityAll

Date14/10/2014

Policy CategoryStocks

Policy InstrumentGovernment procurement

DescriptionAnnounced that it intended to purchase surplus produce, estimated at 180 000 tonnes, to stabilize the local market. The volume would be in addition to purchases planned under the Public Rice Stockholding Program and to service commitments to the ASEAN Plus Three Emergency Rice Reserve (APTERR).