AreaChina (Mainland)

Commodity GroupRice

CommodityAll

Date25/02/2019

Policy CategoryProduction

Policy InstrumentSupport prices

DescriptionAnnounced that government procurement prices for paddy would remain unchanged during the 2019 season at CNY 120 per 50 kg (USD 358 per tonne) in the case of early Indica paddy, CNY 126 per 50 kg (USD 376 per tonne) for late/intermediate Indica paddy, and CNY 130 per 50 kg (USD 388 per tonne) in the case of Japonica paddy.

NotesExchange rate as of 15 April 2019.