AreaRepublic of Korea

Commodity GroupRice

CommodityAll

Date28/09/2017

Policy CategoryProduction

Policy InstrumentGovernment procurement

DescriptionAnnounced that the government would purchase 720 000 tonnes of rice from the 2017 harvest. The volume would include 350 000 tonnes as part of the Public Rice Stockholding Program, and 370 000 tonnes geared at stabilizing domestic prices.