AreaEl Salvador

Commodity GroupRice

CommodityAll

Date19/03/2020

Policy CategoryConsumption and marketing

Policy InstrumentPrice controls

DescriptionSet ceilings on prices of various basic foodstuffs, with immediate effect and until the state of emergency due to the COVID-19 pandemic remains in place. In the case of white rice, the maximum retail price was set at USD 0.48 per pound (USD 1.1 per kg) and at USD 0.53 per pound (USD 1.2 per kg) for pre-cooked rice. A 30 March decision adjusted these ceilings to USD 0.5 per pound (USD 1.1 per kg) and to 0.55 per pound (USD 1.2 per kg) for white and pre-cooked rice, respectively, also setting maximum prices of USD 42 per quintal (USD 0.9 per kg) and USD 45 per quintal (USD 1.0 per kg) for white rice and pre-cooked rice at wholesale level.