AreaIndonesia

Commodity GroupRice

CommodityAll

Date16/03/2020

Policy CategoryProduction

Policy InstrumentGovernment procurement, purchasing prices

DescriptionRaised government purchase prices by 13.3-13.5 percent to IDR 4 200-4 250 per kg (USD 294-298 per tonne) of wet paddy. For dry paddy these were raised by 13.7-14.1 percent to IDR 5 250-5 300 (USD 368-371 per tonne) and for milled rice to 8 300 per kg (USD 581 per tonne). The revised prices became effective on 19 March 2020.

NotesExchange rate as of 15 May 2020.