AreaBangladesh

Commodity GroupRice

CommodityAll

Date03/03/2015

Policy CategoryProduction

Policy InstrumentGovernment procurement, purchasing prices

DescriptionAnnounced that it would purchase 1.0 million tonnes of rice and 100 000 tonnes of paddy from the 2014-2015 Boro harvest. The procurement drive is to run between May and September 2015 and will offer Taka 22 per kilo of paddy (USD 276 per tonne) and Taka 32 per kilo (USD 402 per tonne) of rice.

NotesExchange rate as of 1 April 2015