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AMIS Market Monitor

last release: Feb 2018

Policy Developments

  • In December 2017, China reduced the import tariff on broken rice from 65 percent to 10 percent, effective from 1 July 2018.
  • On 30 November 2017, Japan revised the “Basic Guidelines for Rice”. As of the 2018 crop year, production target quantities will no longer be allocated by the administration, allowing producers, collectors and farmer organizations to produce rice based on actual demand.
  • In December 2017, Mexico set its tariff rate quota volume for rice to 150 000 tonnes for both 2018 and 2019 in order to ensure stable and affordable supplies. Under the tariff quota, imports of paddy and milled rice will be duty-free, compared to an out-of-quota import duty of 9 percent and 20 per cent, respectively for paddy and milled rice.
  • In December 2017, Thailand allocated THB 1.69 billion (USD 52 million) to encourage farmers to switch from paddy rice to other crops in order to stabilise domestic rice prices.
  • Effective in January and until 1 July 2018, Turkey reduced import tariffs from 35 percent to 5 percent for paddy rice; from 36 percent to 10 percent for brown rice; and from 45 percent to 15 percent for milled rice.