Markets and Trade
AreaBangladesh
Commodity GroupRice
CommodityAll
Date16/08/2016
Policy CategoryProduction
Policy InstrumentGovernment procurement
DescriptionExtended the 2016 Boro procurement target by an additional 250 000 tonnes, to a total of 700 000 tonnes of paddy and 850 000 tonnes of milled rice. Supplies are to be purchased by 30 September 2016, at a price of BDT 23 per kg (USD 288 per tonne) for paddy and BDT 32 per kg (USD 400 per tonne) for rice.
NotesExchange rate as of 1 October 2016. The deadline of the 2016 Boro procurement campaign was subsequently extended twice and last set at 31 October 2016.