Markets and Trade
AreaEgypt
Commodity GroupRice
CommodityAll
Date15/11/2017
Policy CategoryProduction
Policy InstrumentGovernment procurement
DescriptionReached an agreement with the industry, whereby traders and processors would supply the Government with rice at a price of EGP 6.1 per kg (USD 344 per tonne) to enable the state to continue selling rice to consumers through Government outlets at EGP 6.5 per kg (USD 367 per tonne).
NotesExchange rate as of 1 December 2017.