AreaChina (Mainland)

Commodity GroupRice

CommodityAll

Date04/02/2015

Policy CategoryProduction

Policy InstrumentSupport prices

DescriptionAnnounced that government paddy procurement prices for the 2015 season would be kept unchanged year-to-year at Yuan 135 per 50 kg bag (USD 440 per tonne) in the case of early Indica rice; at Yuan 138 per 50 kg bag (USD 450 per tonne) for late/intermediate Indica rice; and at Yuan 155 per 50 kg bag of Japonica rice (USD 506 per tonne).

NotesExchange rate as of 1 April 2015