ANNOUNCEMENT 01 Feb 2010
February 2010 - The Chinese government announced the minimum purchase price of rice would increase for the year.
NUMBER OF INTERVENTIONS
PRC National Development and Reform Commission, February 2010. (发改电115号)
In February 2010, China's National Development and Reform Commission announced the minimum state purchase price of rice would change thus:
Key - Type: price USD, CNY (change USD, CNY)
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.