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AMIS Market Monitor

last release: Nov 2017

Policy Developments

  • On 10 October, the government of Indonesia began selling 75 000 tonnes of medium quality rice from the government reserves in Jakarta, at IDR 8 100 per kg (USD 602 per tonne). The aim is to overcome the scarcity of medium quality rice whose maximum retail price (IDR 9 450 per kg or USD 709 per tonne) and profitability is smaller than for premium quality rice (IDR 12 800 per kg or USD 960 per tonne).
  • The government of Thailand has announced it will stop selling rice from its stocks during the harvest period in order to avoid depressing domestic market prices.