Markets and Trade
AreaSri Lanka
Commodity GroupRice
CommodityAll
Date04/08/2017
Policy CategoryConsumption and marketing
Policy InstrumentPrice controls
DescriptionRaised the maximum retail price of imported Nadu rice by 4 percent to LKR 75 (USD 0.5) per kilo and lowered the price ceiling for imported raw rice by 7 percent to LKR 65 (USD 0.4) per kilo. The revised rates took effect on 4 August 2017, while price caps for locally produced rice and for imported Samba rice were left unvaried.
NotesExchange rate as of 1 October 2017.