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Global Trade Alert

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Saudi Arabia: SAGO raises the purchase price of wheat (December 2021)

Description

On 23 December 2021, the Saudi Grains Organization (SAGO) increased the government purchase price of the locally produced wheat from SAR 1,440 (USD 383.5) to SAR 1,550 (USD 412.8) per tonne. The purch...

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Intervention Details

Intervention Type

Price stabilisation

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

23 Dec 2021

Revocation date

08 Mar 2022

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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