IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 01 Jan 2016 | Removal date: 31 Dec 2016
Still in force

Price stabilisation

In February 2016, China's National Development and Reform Commission announced the minimum state purchase price of early season rice would change thus:

Key - Type: price USD, CNY (change USD, CNY)

  • Early season: 404.29, 2660 (-6.08, -40)

The prices for mid-late season and Japonica rice were maintained at their 2014 levels (unchanged in 2015).

N.B.: All prices are per tonne.

The minimum state purchase price is the amount at which the government buys rice from farmers at the minimum price when the market price drops below that level.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

011 Cereals
1006 Rice.
100610 Rice in the husk (paddy or rough)

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