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Global Trade Alert

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China: 2018 minimum purchase price of wheat decreases

Description

On the 25 October 2017, the Chinese government announced its minimum support price of wheat for the following year would decrease by USD 9.22 (CNY 60) to USD 353.39 (CNY 2300) per tonne. The price den...

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Intervention Details

Intervention Type

Price stabilisation

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 Jan 2018

Revocation date

31 Dec 2018

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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