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The minimum purchase price of rice in 2015 remains unchanged at the 2014 level.

Published: 2024-11-22 Author: mysheen
Last Updated: 2024/11/22, In 2015, the state continued to implement the minimum purchase price policy in major rice producing areas, and the minimum purchase price remained unchanged at the 2014 level, the National Development and Reform Commission said Thursday. Comprehensive consideration of production cost, market supply and demand, comparative efficiency, international market price and industrial development

The State Development and Reform Commission said Thursday that the country will continue to implement the minimum purchase price policy in major rice producing areas in 2015, and the minimum purchase price will remain unchanged at the 2014 level.

Taking into account production costs, market supply and demand, comparative benefits, international market prices and industrial development and other factors, with the approval of the State Council, the minimum purchase prices for early indica rice, medium and late indica rice and japonica rice produced in 2015 are 135 yuan, 138 yuan and 155 yuan per 50 kg respectively.

 
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