AreaBangladesh

Commodity GroupRice

CommodityAll

Date31/10/2019

Policy CategoryProduction

Policy InstrumentGovernment procurement, purchasing prices

DescriptionAnnounced that it would purchase 600 000 tonnes of paddy directly from farmers, as well as 400 000 tonnes of rice from the 2019 Aman harvest. The procurement drive will span 20 November 2019 to 28 February 2020, offering BDT 36 per kg of parboiled rice (USD 415 per tonne), BDT 35 per kg (USD 404 per tonne) of white rice and BDT 26 per kg (USD 300 per tonne) of paddy bought. The duration of the procurement drive was successively extended to 5 March 2020.

NotesExchange rate as of 15 May 2020.