AreaEgypt

Commodity GroupRice

CommodityAll

Date11/08/2016

Policy CategoryProduction

Policy InstrumentGovernment procurement

DescriptionAnnounced that it would target to absorb 2.0 million tonnes of domestic paddy, under its 2016 procurement campaign. The drive would offer farmers EGP 2 300–2 400 (USD 259–270) per tonne of paddy sold.

NotesExchange rate as of 1 October 2016.